114 - 371 Orton Park Road

Morningside, Toronto

114 - 371 Orton Park Road, Morningside, Toronto

$699,000

Bedrooms: 3

Bathrooms: 2

Living Area: 1,200 sqft

Price Per Sqft: $582.50

About this Townhouse

in Morningside, Toronto

irst Time Home Buyers/Investors Heaven!!!Townhome unit* This bright and spacious 3-bedroom townhouse in the East End offers up to 1300square feet of potential-filled living space. With a walk-out basement leading to a private backyard, this property is sold *as is*, featuring low maintenance fees. Ideally located near top schools, shopping centers, parks, trails, and essential amenities including U of T, Centennial College,24-hour TTC access, Scarborough Health Network Hospital, Highway 401, malls, and plazas this home presents a great opportunity for those looking to make it their own or investment. **EXTRAS** all existing appliances, Hot water Tank (Owned), Air Condition (2023), Furnace (2023),Fridge(2023), Stove (2024)

Listed by HOMELIFE NEW WORLD 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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