224 Galloway Road
West Hill, Toronto
$1,300,000
Bedrooms: 3
Bathrooms: 4
Living Area: 1,100 sqft
Price Per Sqft: $1,181.82
About this Detached
in West Hill, Toronto
Great opportunity for investors! Premium 55 x 150 ft lot in a prime location, close to all amenities. Detached 2 + 5 bedroom bungalow with 4 full washrooms, open concept layout, and renovated in 2020. Finished basement (2021) with separate entrance offers 3 bedrooms, full kitchen, washroom, and private washer/dryer - ideal for rental or extended family. Spacious oversized garage converted in 2023 into a 1-bedroom loft with private washroom and planned kitchen. Backyard garden suite (2024) adds a 1-bedroom apartment with full kitchen, washroom, living/dining area, and its own washer/dryer. Additional features include 3 full kitchens, parking for 6 cars, central A/C & heating, tankless water heater, and upgraded 200 AMP breaker panel. A rare multi-unit property with strong income potential! 200 Watts Upgraded Braker.
Listed by SKYLETTE MARKETING REALTY INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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