199 Arlington Avenue
Cedarvale, Toronto
$2,199,000
Bedrooms: 5
Bathrooms: 5
Living Area: 2,500 sqft
Price Per Sqft: $879.60
About this Detached
in Cedarvale, Toronto
Welcome to 199 Arlington Ave - a never-lived-in home in Cedarvale, designed to maximize space, flexibility and income potential. Finished with a modern European sensibility, this home features top-of-the-line Italian finishes, including imported doors, windows, faucets and hardware, creating the feeling of a contemporary villa in the heart of the city. Designed to suit virtually any lifestyle, this is an incredible opportunity for growing families, investors, multi-generational living or anyone looking to offset their mortgage with substantial supplementary income. The property features two optional self-contained living spaces: a fully separate, separately metered garden suite, plus a complete lower-level apartment. Together, these spaces have the potential to generate an estimated $5,500-$6,000 per month in supplementary income. Alternatively, the garden suite offers an outstanding private home office, studio, guest suite or space for extended family. Inside, every detail is brand new. Hardwood flooring runs throughout, complemented by custom millwork, luxurious Italian fixtures and high-end built-in Thermador appliances. The layout has been carefully planned to maximize functionality without sacrificing style, offering generous principal rooms, natural light and sophisticated finishes. Set in sought-after Cedarvale, 199 Arlington offers the best of city living with a true neighbourhood feel. Enjoy easy access to parks, ravine trails, shops, restaurants, transit and neighbourhood amenities. Families will also appreciate being part of the Humewood Community School neighbourhood. Whether you are searching for a luxurious family home, an investment with multiple income streams, a multi-generational property, or simply a brand-new home with extraordinary flexibility, 199 Arlington delivers.
Listed by HARVEY KALLES 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
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| * This material is for informational purposes only. | |||
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