89 Wembley Drive

Woodbine Corridor, Toronto

89 Wembley Drive, Woodbine Corridor, Toronto

$1,099,000


Bedrooms: 3

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $732.67


About this Triplex

in Woodbine Corridor, Toronto

A rare opportunity for investors, builders, end users, or someone who is looking to build their dream home in the desirable Upper Beach neighbourhood. These 2.5 story semi-detached homes (89 Wembley - triplex & 87 Wembley - duplex MLS#E12146296) are both for sale. Buy one, or buy them both to get 50 ft of frontage. These properties are situated on a quiet, family-oriented tree lined street backing directly onto the picturesque Williamson Park Ravine, providing lush views and natural tranquility right in your backyard. 89 Wembley Drive is a triplex featuring 3 self-contained, one-bedroom units, each complete with a full kitchen with over 1500 sq ft of living space. The main floor unit is vacant and showcases a spacious open concept living and dining area filled with natural light. The eat in kitchen is perfect for casual dining, while the bedroom offers a walk-out to a back patio overlooking the ravine ideal for morning coffee or evening relaxation. The lower level extends the living space with a recreation room, separate bar area, laundry room, workshop, and abundant storage. The second unit, also vacant, has ample windows and a walk-out to a large balcony. A full bathroom with a tub completes this charming space. The third-floor apartment is currently tenanted on a month-to-month basis, featuring a light filled kitchen with a sliding patio door that opens to a private balcony with ravine views. Location, location, location! Nestled in a walkable community, these homes are just steps from excellent schools, transit, lush parks, trendy restaurants, the beach. Plus, Downtown Toronto is just a quick commute away, making it the perfect blend of nature and urban living. Don't miss this rare find! Whether you're looking to live, rent, or build, the possibilities are endless.

Listed by RE/MAX CROSSROADS 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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