573 Northcliffe Boulevard
Oakwood Village, Toronto
$978,000
Bedrooms: 2
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,397.14
About this Detached
in Oakwood Village, Toronto
Offers anytime! Welcome to this charming, move-in-ready detached bungalow in the heart of Oakwood Village, set on an exceptional 30 x 120 ft lot with a private driveway and incredible future potential. The bright, open-concept main floor features hardwood floors, a bay window and fireplace, plus an updated kitchen and bathroom, fresh paint and updated mechanicals. Two bedrooms overlook the backyard, while the finished lower level offers a separate bedroom, kitchen and spacious living/dining area-ideal for extended family, guests or potential rental income. Outside, the private drive leads to a newer detached 2-car garage plus storage shed. Move in and enjoy today, renovate or substantially expand in the future. A recent feasibility report identifies potential for a single-family home of approximately 2,750 sq. ft. plus basement and confirms eligibility for a 2-storey garden suite of up to approximately 1,291 sq. ft., with further potential for multi-unit redevelopment of up to 6 units, subject to applicable requirements and approvals. All this on a quiet residential street steps from neighbourhood favourites like Doce Minho Bakery, DAM Sandwiches, Oakwood Espresso and Nonna Lia, along with parks, shops and the vibrant Oakwood strip, and within walking distance of the Eglinton LRT. A fantastic home today with exceptional flexibility for tomorrow.
Listed by PROPERTY.CA INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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
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| * This material is for informational purposes only. | |||
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