257 Chine Drive

Cliffcrest, Toronto

257 Chine Drive, Cliffcrest, Toronto

$999,000


Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $908.18


About this Detached

in Cliffcrest, Toronto

Beautifully renovated detached bungalow boasts finished in-law suite with two separate entrances located in Scarborough's sought-after Cliffcrest community walking distance to public transit and nearby amenities. This well-appointed home offers 3+1 spacious bedrooms and 2 bathrooms with heated floors. The bright main floor features custom wainscoting, crown molding, and a rarely used eat-in kitchen with French doors. The finished basement includes a second kitchen, a spacious rec room with a fireplace & dry bar, a dining area, bedroom and two separate entrances ideal for multi- family/ generational living or huge rental income. Enjoy the large backyard with 2 tier vegetable garden + massive shed & covered patio, perfect for relaxing, entertaining, or growing your own fresh produce. The interlocking driveway offers plenty of parking for up to four cars plus garage with direct access to backyard & finished basement. Located just steps from TTC and GO Transit, and a short drive to Bluffers Park and the waterfront trails, this home offers both convenience and lifestyle in one of Scarborough's most desirable areas.

Listed by RE/MAX HALLMARK REALTY LTD..


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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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