71 Grace Street

Eglinton East, Toronto

71 Grace Street, Eglinton East, Toronto

$599,800

Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $856.86

About this Detached

in Eglinton East, Toronto

(71-73 BOTH LOTS ARE AVAILABLE TO BE SOLD TOGETHER WITH BRICK BUNGALOW). CAN NOT BE SOLD SEPARATE. TWO CITY-APPROVED SEVERED LOTS, EACH WITH A 54-FOOT FRONTAGE. Ideal for two families looking to build custom homes or a small builder architectural drawings are ready to go! Currently on the property is a solid 3-bedroom brick bungalow with 2 bathrooms and a separate basement entrance, perfectly positioned in the center of both lots. The home offers strong rental income and can be demolished when you're ready to build. Located just steps from TTC and GO Transit, this is a rare find in a highly sought-after area.

Listed by CENTURY 21 PERCY FULTON LTD..

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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

     
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* This material is for informational purposes only.

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