2 Emmeline Crescent

Malvern West, Toronto

2 Emmeline Crescent, Malvern West, Toronto

$949,900


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,357.00


About this Detached

in Malvern West, Toronto

Priced to sell! Situated in the highly sought-after Agincourt neighborhood, this beautiful detached bungalow offers the perfect blend of comfort, style, and investment potential. The main floor features a spacious, open-concept layout with bright Living and Dining areas, and three well-sized bedrooms that are bathed in natural light from large windows. The kitchen and bathrooms have been recently renovated, offering modern finishes and thoughtful design. The basement boasts a separate entrance, providing excellent potential for an in-law suite or rental income- with two additional bedrooms and a den, the space is flexible to suit a variety of needs. This home also includes a rare attached 555 sq. feet 2-car garage. Recent upgrades, include newer windows and exterior doors, an updated roof and furnace, garage doors, a gas line for the stove, fireplace, and BBQ. This home is move-in ready while also offering a great canvas for buyers to personalize and upgrade. New Survey(2024) available. Future developmental opportunities exist for this property as could be seen within the area and recent building permit requests- new custom home(approximately 3000 sq. feet) or conversion to multi-residential (Buyers to verify potential future uses). Located in one of Scarborough's most desirable neighborhoods, the home offers unmatched convenience with easy access to TTC and Agincourt GO Station, top-rated schools including North Agincourt Jr PS, Sir Alexander MacKenzie Sr PS, and Agincourt CI, as well as restaurants, supermarkets, shopping centers, and major highways such as the 401, 404, and DVP.

Listed by CITYLITE REALTY INC..


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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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