42 Bowood Avenue

Lawrence Park North, Toronto

42 Bowood Avenue, Lawrence Park North, Toronto

$1,825,000


Bedrooms: 3

Bathrooms: 2

Living Area: 1,500 sqft

Price Per Sqft: $1,216.67


About this Detached

in Lawrence Park North, Toronto

This charming, bright, detached family home features a 2-storey addition, as well as quick subway access, excellent schools and shops right at your doorstep. Located on a quiet, child-friendly street in the family neighbourhood of Wanless Park, you are close to many walkable parks and ravines and also have quick access to Hwy 401. Approx. 2,869 sq ft total over three levels. The home has a spacious sunlit main-floor family room addition, and an equally spacious addition on the lower level, adding a bonus fourth bedroom and a recreation room. Enjoy beautiful hardwood floors in the main living spaces and bedrooms and a wood-burning fireplace in the living room. The open-concept kitchen features full-sized stainless steel appliances, including a KitchenAid fridge, GE gas cooktop stove with electric oven, Bosch dishwasher and a Panasonic built-in microwave, plus lots of cabinet and counter space. The kitchen and dining room lead to a large family room with a skylight and large windows with shutters along the back. Walk out to the private deck and fenced, landscaped yard, plus a storage shed. The foyer includes a coat closet (potential 2-piece powder room). The king-sized primary bedroom includes a sitting area and a double-door closet. The second and third bedrooms overlook the backyard, and the 4-piece main bathroom includes a large deep tub, a vanity with storage and a wall-mounted cabinet. The lower level features a 4th bedroom, a recreation room that can also be used for a home gym/yoga room, a separate home office space, 4-piece bathroom, storage closets, and a play area ideal for kids. Enjoy the covered private front porch for reading and relaxing. Large utility room with additional storage space. Front yard pad parking. Exceptional schools: Bedford Park PS (one block south), Lawrence Park CI (9-12). Private Schools include Havergal, TFS, Crescent, St. Clements. Wanless Park is close by, with a playground, wading pool, tennis courts, sports fields, skating.

Listed by CHESTNUT PARK REAL ESTATE LIMITED.


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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


     
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* This material is for informational purposes only.

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