705 Mortimer Avenue

East York, Toronto

705 Mortimer Avenue, East York, Toronto

$599,000


Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $855.71


About this Detached

in East York, Toronto

Charming 1+2 bedroom bungalow in sought-after Danforth Village-East York! A perfect condo alternative featuring hardwood floors in the living area and main-floor primary bedroom. Enjoy an updated kitchen and bath, with an open-concept design and skylight that fills the space with natural light. The bright back den offers a walkout to a private garden and a large 10' x 20' workshop/shed- ideal for hobbyists or extra storage. Freshly painted with numerous updates including new A/C (2024), owned hot water tank (2020), windows (2018), and roof (2017). The spacious backyard offers great potential for a future auxiliary unit. Conveniently located near Danforth shops, restaurants, Taylor Creek trails, and transit - walk to the subway or catch one of two nearby bus routes.

Listed by RE/MAX JAZZ 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:
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* This material is for informational purposes only.

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