75 Westbourne Avenue

Birchmount, Toronto

75 Westbourne Avenue, Birchmount, Toronto

$849,000


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,212.86


About this Detached

in Birchmount, Toronto

***Attention Builders, Investors, and End Users! Move-in ready 3 bedroom bungalow with an additional 2 bedroom in-law suite on a stunning 50 x 104 foot lot! The existing bungalow is freshly painted and features pot lights throughout, a bright kitchen with stainless steel appliances, large windows, and two spacious bedrooms, including a primary bedroom with a walkout to a deck and a massive den that can be used as an office, or walk-in closet. The finished basement with separate entrance adds valuable living space with two additional bedrooms, a second kitchen, a 3-piece bathroom, and a large rec room ideal for an in-law suite or rental potential. Severance has also been approved and finalized for this property! This is a fantastic opportunity to build two detached 2,170 sq.ft. homes on a gorgeous clear lot in the highly desirable Clairlea-Birchmount neighbourhood or apply for revision to build two 4-plex homes! Architectural plans and drawings are complete and approved for the construction of two modern 2-storey homes, each offering 2,170 sq ft of living space with 4 bedrooms, 5 bathrooms, integral garage, open concept main floor, high ceilings, and surrounding windows that flood the space with natural light. The homes are ready to build or you can maintain the existing well-maintained detached bungalow and build in the future! Don't miss this unique opportunity to live, invest, or build in one of Toronto's most sought-after pockets!

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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