482 Ruth Avenue

Newtonbrook East, Toronto

482 Ruth Avenue, Newtonbrook East, Toronto

$1,390,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $1,263.64


About this Detached

in Newtonbrook East, Toronto

Private City Oasis In High-Demand Newtonbrook East! Nestled on an expansive 60ft x 150ft lot, this bungalow offers exceptional layout utility and unmatched potential in a highly sought-after North York neighborhood. THOUGHTFUL INTERIOR LAYOUT & POTENTIALThe main level features bright living spaces highlighted by a massive living room window, a separate dining area, and an expansive primary bedroom (13.3ft x 10.9ft) alongside two additional bedrooms. The bungalow floor plan provides a seamless footprint to easily reconfigure into a modern open-concept layout. The expansive lower level features a separate entrance, a functional powder room, a separate shower area near the laundry room, and existing fireplace structure. Featuring full-size basement windows, this space provides a solid blank canvas ready for cosmetic updates or conversion into a spacious multi-room extended family suite. SERENE OUTDOOR SANCTUARYStep outside to a multi-zone outdoor space surrounded by a canopy of mature trees. Designed for relaxation and outdoor living, the yard includes an existing pergola structure, dedicated dining and sitting areas, custom planter infrastructure, and an integrated rainwater collection setup. UNBEATABLE LOCATION & CONVENIENCELocated minutes to the Bayview & Cummer plaza (Food Basics, pharmacy, CIBC, local dining), medical centers, places of worship, and top-tier schools. Commuting is effortless with quick TTC access straight to Finch Station, plus a 2-car garage and 4-car driveway. Property, existing structures, and fixtures sold in "as-is, where-is" condition with no seller warranties. Buyer and buyer's agent to verify all measurements, inclusions/exclusions, and property details. Signed N11 in place for October 31 vacant possession

Listed by SMART Brokerages.


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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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