56 Ternhill Crescent

Don Mills, Toronto

56 Ternhill Crescent, Don Mills, Toronto

$1,499,000


Bedrooms: 3

Bathrooms: 3

Living Area: 700 sqft

Price Per Sqft: $2,141.43


About this Detached

in Don Mills, Toronto

Welcome to Banbury-Don Mills - C13's highly sought-after community! This Fully renovated all-brick bungalow sits on a generous **62' x 113' lot** and offers an exceptional combination of location, space, flexibility, and future potential. Modern kitchen features quartz counter top, S/S appliances, backsplash,under mount lighting,W/O to beautiful treed backyard,vinyl flooring, Sun-filled 3 bedrooms with east and west exposure. Ideal for families, multi-generational living, investors, or those looking to create their dream home here. The finished basement with separate kitchen and additional three bedrooms/ two baths provide excellent potential for an in-law suite or rental income. Potential separate entrance estimated cost $15000..Extra sound proof for basement ceiling. New 200 amp circuit breakers, new gas furnace, A large private driveway accommodates up to 8 vehicles, adding valuable convenience for families and guests. Quiet crescent, with pedestrian access to Don Mills Trail. Enjoy being just steps from The Shops at Don Mills with its outstanding selection of shopping, restaurants, cafés, and entertainment. Nearby Edwards Gardens, parks, public transit, make this an exceptional family-friendly location. Easy access to **Highway 401 and the Don Valley Parkway**. Whether you're looking to **move in, generate rental income, accommodate extended family, here is the opportunity to secure a property on a prime lot in one of Toronto's most desirable neighbourhoods. The possibilities are endless!

Listed by RE/MAX REALTRON REALTY INC..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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