88 Inniswood Drive

Maryvale, Toronto

88 Inniswood Drive, Maryvale, Toronto

$1,198,000


Bedrooms: 3

Bathrooms: 4

Living Area: 700 sqft

Price Per Sqft: $1,711.43


About this Detached

in Maryvale, Toronto

A Fantastic Opportunity To Own A Luxurious, Fully Upgraded Turnkey Home With Incredible Rental Potential In A Highly Desirable Neighborhood. Situated On A Wide 5,000+ Sq Ft Lot With A Double Car Driveway And Stucco Exterior, This Home Offers 1,066 Sq Ft Of Breathtaking Open-Concept Living With Contemporary Finishes Throughout. The Living Room Features Soaring Ceilings, A Custom Built-In Wall Unit With LED Lighting, Flowing Seamlessly Into A Modern Kitchen Equipped With High-End Stainless Steel Appliances, A Large Waterfall Island, And Ample Custom Cabinetry. The Elegant Dining Area Is Perfect For Entertaining. The Main Level Includes Three Spacious Bedrooms, Including A Primary Suite With A Spa-Like 5-Piece En-Suite Bathroom, A Luxurious 3-Piece Main Bath With Floating Vanity And LED Mirror, A Dedicated Laundry Room, Engineered Hardwood Flooring, Solid Wood Doors, And Premium Oak Trim Throughout. The Fully Finished Basement, With Its Own Private Side Entrance, Offers Excellent Income Potential With Three Additional Large Bedrooms, Two Kitchens, Two 3-Piece Bathrooms, Vinyl Flooring, Large Windows, And A Separate Laundry Area, Estimated To Generate Approximately $3,500/Month In Rental. The Peaceful Backyard Is Ideal For Gatherings Or Relaxing Outdoors. Located Close To Schools, Parks, Shopping Centers, And Offering Easy Access To Public Transit And Highway 401, This Property Presents Incredible Value For Families, Investors, And Commuters Alike.

Listed by HOMELIFE/MIRACLE REALTY 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


     
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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