1 Montvale Drive

Cliffcrest, Toronto

1 Montvale Drive, Cliffcrest, Toronto

$899,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $817.27


About this Detached

in Cliffcrest, Toronto

Welcome to 1 Montvale Dr, a beautifully maintained 3-bedroom, 3-bathroom gem situated on a spacious corner lot in one of Scarborough's most sought-after neighbourhoods. From the moment you arrive, you'll be impressed by the meticulously landscaped yard, fully fenced backyard, and undeniable curb appeal, perfect for those who value both style and privacy. Step inside to discover a thoughtfully designed interior featuring well-kept hardwood floors throughout the main living spaces, enhancing the homes warmth and charm. The bright and functional layout flows seamlessly from room to room, offering ample space for families of all sizes. The bathrooms are beautifully appointed, including a spa-inspired soaker tub ideal for relaxing after a long day. With two full kitchens, this home is perfectly suited for multi-generational living, rental income, or entertaining with ease. A separate entrance adds even more flexibility for future opportunities. You'll also enjoy the rare bonus of two separate garages and lots of parking, providing convenience for multiple drivers or visiting guests. Located just minutes from the Scarborough Bluffs, and close to schools, parks, shopping, restaurants, public transit, and much more, this home offers the perfect balance of comfort, functionality, and location. A true Scarborough treasure you wont want to miss.

Listed by KELLER WILLIAMS ADVANTAGE 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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