59 Cherrywood Avenue

Cedarvale, Toronto

59 Cherrywood Avenue, Cedarvale, Toronto

$1,288,800


Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $1,171.64


About this Detached

in Cedarvale, Toronto

Waiting to get into "The Woods" community? Now is your chance!!! Get ready to do some creative design work with this solid detached 2-storey brick house in Humewood that is in great mechanical condition! We are offering this home after 3 generations that has Legal Front Pad Parking, Wide Mutual Driveway, Large Size Kitchen with Mud Room that can be extended to the width of the large deck for an enlarged urban oasis, 3 large bedrooms, hardwood throughout, 4 piece bathroom that can easily be turned into an ensuite from the master bedroom. Big backyard with a beautiful garden and shed (there was a detached garage there prior). Lots of potential with this house on a very desirable street. Humewood Community School just down the road, Leo Baeck Day School, plenty of private schools within reach including St Michael's College School, Havergal College, The Bishop Strachan School, Wychwood barns, quick and easy transportation, trendy restaurants and shops only a walk away. Come be part of this charming community!

Listed by KAY REAL ESTATE LTD..


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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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