26 Gatwick Avenue

Lumsden, Toronto

26 Gatwick Avenue, Lumsden, Toronto

$899,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,284.29


About this Detached

in Lumsden, Toronto

In the heart of East York, where tree-lined streets meet the energy of Main and Danforth,you'll find a rare opportunity wrapped in character and charm. This recently remodeled bungalow rests on a 25 by 100-foot lot and surprises with soaring 13-foot ceilings a detail that instantly sets it apart, bringing light and openness to every corner. The home has been thoughtfully designed for flexibility. Upstairs, its inviting and bright, while the finished basement complete and its own walk-up to the backyard offers endless options for extended family, guests, or even a private workspace.The location is truly exceptional. Here, you're moments from vibrant shops, cafés, parks, schools, and effortless transit connections. Its a neighbourhood that welcomes growing families, while also inspiring those ready to rebuild and design their dream home in one of East Yorks most desirable pockets. Opportunities like this are rare; a home that offers comfort today and possibility for tomorrow.

Listed by THE AGENCY.


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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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