55 Wembley Road
Forest Hill North, Toronto
$2,395,000
Bedrooms: 4
Bathrooms: 3
Living Area: 2,000 sqft
Price Per Sqft: $1,197.50
About this Detached
in Forest Hill North, Toronto
Set on a rare and beautifully proportioned 50 x 130' lot in the heart of Upper Forest Hill, this exceptional property presents an outstanding opportunity in one of Toronto's most coveted neighbourhoods. Whether you're a renovator looking to transform an existing home, a builder seeking an exceptional lot, or a buyer ready to move in and enjoy the property as is, the possibilities are truly compelling. Surrounded by established homes, mature trees and the timeless character of Forest Hill North, the property offers the space, location and flexibility to suit a variety of visions. Its generous lot dimensions provide an ideal canvas for those looking to create something entirely their own, while the existing residence offers immediate functionality for those who prefer to settle in and make updates over time. Perfectly positioned close to local shops, restaurants, transit, the Eglinton West subway, Crosstown LRT and the scenic Beltline Trail, the location combines neighbourhood charm with exceptional convenience. Families will also appreciate access to some of Toronto's most sought-after schools. A rare opportunity to secure a 50 x 130' property in Upper Forest Hill Village with tremendous potential for today and tomorrow.
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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