171 McIntosh Street

Cliffside, Toronto

171 McIntosh Street, Cliffside, Toronto

$849,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,212.86


About this Detached

in Cliffside, Toronto

Charming Bungalow with Income Potential in the Birchcliffe-Cliffside community. Discover this beautiful detached 2 + 2-bedroom bungalow on a spacious 34 x 140 ft lot in one of Scarborough's most desirable neighbourhoods. Inside, the main floor features a bright living space with crown molding, an updated modern kitchen (2016), 2 cozy bedrooms and 1 bathroom. The finished basement- renovated in 2018, offers a complete in-law suite with 2 bedrooms, 1 bathroom, a second kitchen and shared laundry just outside the unit ideal for extended family or rental income. Step outside and enjoy a mature, tree-lined neighbourhood just minutes from the Scarborough Bluffs, local parks, restaurants, TTC transit and GO train station. With quick access downtown, this home combines convenience, lifestyle, and investment opportunity in one package. Whether you're a first-time buyer, downsizer or investor, this property is a smart move with endless potential. *Extras* Front porch and back deck replaced (2016), owned furnace and hot water tank (2017), A/C (2016), new garden shed (2020)

Listed by REALTY ONE GROUP REVEAL.


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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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