71 Mason Road

Scarborough Village, Toronto

71 Mason Road, Scarborough Village, Toronto

$999,900


Bedrooms: 3

Bathrooms: 6

Living Area: 1,500 sqft

Price Per Sqft: $666.60


About this Detached

in Scarborough Village, Toronto

Welcome to this spacious and versatile home offering 3 fully self-contained units, perfect for investors or multi-generational living. Situated in a desirable neighborhood, this property combines comfort, functionality, and income potential.Walk-out Basement Apartment with its own entrance for privacyTotal of 4 Bedrooms with Attached Washrooms providing convenience and comfort3 Full Kitchens one in each unit, designed for independent livingOpen and functional layouts with plenty of natural lightThis property is a rare opportunity to own a home that can generate strong rental income while offering a super living experience. Conveniently located near schools, shopping, transit, and major highways, its perfect for both end-users and investors. Dont miss out on this unique chance a property with space, income potential, and prime locationallinone!

Listed by HOMELIFE/FUTURE 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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