39 Magnolia Avenue

Kennedy Park, Toronto

39 Magnolia Avenue, Kennedy Park, Toronto

$945,000


Bedrooms: 4

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $859.09


About this Semi-Detached

in Kennedy Park, Toronto

Set on a 25' x 104' lot, this semi-detached 2-storey home offers 4+2 bedrooms, 3 bathrooms, and approx. 1,360 sq. ft. above grade. A updated kitchen anchors the main floor, while renovated bathrooms add a fresh, contemporary feel. The lower level includes two additional bedrooms, providing flexible space for extended family, a private office setup, or income potential. Outdoors, the lot depth allows room to relax, garden, or play. Walkable to schools, trails, transit, and everyday shops, the location supports an easy, connected lifestyle. A smart fit for families, first-time buyers, and investors alike, with rental income reported by the seller at approximately $6,500 per month (buyer to verify). A well-kept home with practical updates and a versatile layout in a convenient Toronto setting.

Listed by RE/MAX GOLD 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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