159 Lawrence Avenue W

Lawrence Park South, Toronto

159 Lawrence Avenue W, Lawrence Park South, Toronto

$1,349,000

Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $1,226.36

About this Detached

in Lawrence Park South, Toronto

Remarkable value in this detached 3 bed home in Lawrence Park! Charming and functional with high-value updates that haven't compromised its character details. The main floor is accented by a bay window, wood-burning fireplace, hardwood floors and French doors and elevated further with pot lights, upgraded fixtures, and large, open-concept, renovated kitchen with island and breakfast bar, stainless steel appliances and walk out to rear yard. The second floor provides three generously sized bedrooms and an updated bathroom along with laundry area. The back yard is a blank canvas ready for spring planting. Separate garage needs some TLC but offers additional parking or storage. This property also includes a tenanted and cash-flowing separate apartment to help offset expenses. Live in the main house and enjoy extra income, or, rent out both units and enjoy this uncomplicated duplex. Walking distance to Lawrence Subway Station, a quick drive to the 401, incredible schools and easy access to Yonge St shopping and family friendly parks.

Listed by LANDLORD REALTY INC..

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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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