17 Skyridge Road

Morningside, Toronto

17 Skyridge Road, Morningside, Toronto

$1,218,000

Bedrooms: 5

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $812.00

About this Detached

in Morningside, Toronto

Welcome to this custom-built 5-level detached home in the highly sought-after Seven Oaks neighbourhood! Nestled on a quiet, family-friendly street, this spacious property backs onto a serene ravine and park, offering privacy and tranquility.Featuring a total of 6 spacious bedrooms, this home boasts generous principal rooms, tasteful neutral finishes, and two cozy gas fireplaces. The bright, open-concept layout includes a second full kitchen, ideal for multi-generational living or rental use.Located just 2 km from the University of Toronto (Scarborough Campus) and 3 km from Centennial College, this property presents a prime investment opportunity.With excellent potential to create three separate self-contained units, the home is capable of generating up to $6,000 in monthly rental income, making it a perfect option for investors or large families seeking mortgage helper options. **some photos are virtually staged **

Listed by CENTURY 21 HERITAGE GROUP LTD..

Share
Photo 0 at 17 Skyridge Road, Morningside, Toronto

Photo 0

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.

Request A Showing Or Find Out More 

Have a question or interested in this property? Send us a message!

inquire