57 Phillip Avenue

Cliffside, Toronto

57 Phillip Avenue, Cliffside, Toronto

$1,999,000


Bedrooms: 5

Bathrooms: 8

Living Area: 2,500 sqft

Price Per Sqft: $799.60


About this Detached

in Cliffside, Toronto

Meticulously designed perfectly built 2-storey luxury custom home, main floor 2726 sqft + legal finished basement 1018 sqft. Stone, brick and stucco finished exterior with large windows, stone interlocked double driveway, 11Ft Ceiling In main Flr, 10ft ceiling In 2nd Floor, 8ft Ceiling in Basement. Engineered hardwood floor all throughout, built-in Ceiling speaker/sound system ( main floor & master bed), zebra blinds, 8ft high doors, central vacuum, LED pot lights and designer light fixtures, Open concept family and kitchen, built-in microwave & stove, quartz counter, two faucets in kitchen, W/O (floor to ceiling) large door family to Deck, remote Garage Door opener w/phone control, Master Bed w/o balcony, 5 pc ensuite, Walk in Closet w/organizer, 2nd floor laundry, mezannine above garage (in-between) has bed W/ensuite, ideal for office/elderly family members. Finished legal basement w/ in-law suite, separate entrance, separate laundry in basement, 3 beds, two baths, basmnt master bed with ensuite, insulated basement floor. Raised basement apartment with large windows feels like main floor. Total of 8 Washrooms & 8 Bedrooms. Spray-foam insultation in all walls. Front yard security camera, hi efficiency commercial grade water heater, fenced backyard, skylight, hardwired internet connection in all rooms, TV optical cables installed, access reserved for future Garden Suite in backyard, School, Place Of Worship, Go, Ttc.

Listed by HOMELIFE EXCELSIOR 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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