107 Commonwealth Avenue
Kennedy Park, Toronto
$795,000
Bedrooms: 2
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $722.73
About this Detached
in Kennedy Park, Toronto
Welcome to this beautiful sun-filled 1.5-storey home on a 40 x 137.5 lot in a prime Scarborough location, just a one-minute walk to the future subway. Featuring 2+1 bedrooms and 2 bathrooms across 1,800 sq. ft living space., this home offers an open-concept main level with cathedral ceilings, exposed wood beams, and hardwood floors. The updated kitchen includes ample cabinetry, modern finishes, and a walkout to a spacious deck overlooking a large, private yard perfect for gardeners and outdoor living. The finished lower level boasts a generous recreation room with laminate flooring, above-grade window, 4-piece bath, laundry, and walk-up access to the backyard. The loft-style primary bedroom overlooks the living area, creating an airy, contemporary vibe. Currently generating rental income of approximately $4,200/month, this property provides excellent investment potential. Located minutes to transit, shopping, schools, and dining. A must-see!
Listed by DREAM VALLEY REALTY INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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