2R Pine Ridge Drive

Cliffcrest, Toronto

2R Pine Ridge Drive, Cliffcrest, Toronto

$1,499,000


Bedrooms: 0

Bathrooms: 0


About this Land

in Cliffcrest, Toronto

Attention Builders, Investors, and End Users! A rare opportunity awaits in the prestigious Cliffcrest neighbourhood with this exceptional vacant lot 90'x147' lot. Approved Plans from Renowned architect, Peter Higgins, to build an executive 5,500 sq ft house, nestled among mature trees in a peaceful, well-established community. This property is just moments from the dramatic beauty of the Scarborough Bluffs and the shores of Lake Ontario. Architectural plans and drawings are approved for the construction of a stunning, custom-built luxury home featuring over 5,500 square feet above grade with 5 spacious bedrooms, each with Walk-in closets and Ensuite bathrooms, a well designed main floor with soaring ceilings, an integral double garage, and expansive windows that fill the home with natural light. Surrounded by upscale homes and close to top-rated schools, local amenities, and convenient transit options, this is a unique opportunity to build a dream residence in one of East Torontos most desirable lakeside communities. Ready to builddont miss your chance to make your vision a reality. Property has already been severed

Listed by ROYAL LEPAGE SIGNATURE REALTY.


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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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