2513 Morgans Road

Newcastle, Clarington

2513 Morgans Road, Newcastle, Clarington

$399,900

Bedrooms: 0

Bathrooms: 0

About this Land

in Newcastle, Clarington

Wonderfully located 1.94 acres close to town BUILDABLE LOT Located in a sought after area offering a picturesque setting with mature trees, backing and fronting onto open fields, and just 5 mins to Downtown Newcastle. This is an excellent opportunity for a Builder or Homeowner looking to build their dream home in a peaceful, rural setting close to all amenities and just under 1 hour to downtown Toronto and right off of various commuter routes. Property has $25k in builder plans being offered, it is zoned agricultural which allows for a residential property.

Listed by Royal LePage Our Neighbourhood Realty.

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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

     
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Amortization:  
Percent Down:
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* This material is for informational purposes only.

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