12 Coleridge Avenue

Lumsden, Toronto

12 Coleridge Avenue, Lumsden, Toronto

$1,495,000


Bedrooms: 5

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $1,359.09


About this Detached

in Lumsden, Toronto

Welcome to 12 Coleridge Avenue, a spectacular home that welcomes you with character, comfort, and versatility. This 5-bedroom detached residence spans four levels and approximately 2,200 square feet of total living space with thoughtful details and loads of function. Spacious and bright principal rooms, offer welcoming and relaxed sophistication. The family size bistro kitchen blends charm and function, complete with stainless steel appliances, quartz counters, and a smart layout with lots of storage. A convenient laundry chute from both the kitchen and the second floor closet delivers directly to the basement, making daily life effortlessly efficient. Bonus main floor office is naturally bright with custom double built-in workstations. The rear mudroom offers a practical touch, with an organized place for everything: coats, boots, and all the gear of an active household. On the second floor, three bedrooms surround a classic four-piece bath, on the third floor, two bright & spacious rooms offer lots of versatility. The finished lower level provides a dedicated laundry room, three-piece bath, an open flex space/rec room, wet bar, storage and separate entrance, extra space for growing families but also the potential for an income/in-law suite. Currently Freehold, the property is in the process of converting into a two-unit, self-managed condominium. Each home, the front house and the laneway house, will function independently, with a monthly condo fee of $320.37 covering insurance and common elements. Just steps from Woodbine subway station and a short stroll to the cafés, shops, and restaurants of the Danforth, this home offers a rare mix of character, convenience, and community in the heart of East Danforth.

Listed by BOSLEY REAL ESTATE 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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