89 Wembley Drive

Woodbine Corridor, Toronto

89 Wembley Drive, Woodbine Corridor, Toronto

$1,099,000

Bedrooms: 3

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $732.67

About this Triplex

in Woodbine Corridor, Toronto

A rare opportunity for investors, end users, or someone who is looking to build their dream home in the desirable Upper Beach neighbourhood. This 2.5 story semi-detached home is a triplex and is situated on a quiet, family-oriented tree lined street backing directly onto the picturesque Williamson Park Ravine, providing lush views and natural tranquility right in your backyard. It features 3 self-contained, one-bedroom units, each complete with a full kitchen with over 1500 sq ft of living space. The main floor unit is vacant and showcases a spacious open concept living and dining area filled with natural light. The eat in kitchen is perfect for casual dining, while the bedroom offers a walk-out to a back patio overlooking the ravine ideal for morning coffee or evening relaxation. The lower level extends the living space with a recreation room, separate bar area, laundry room, workshop, and abundant storage. The second unit, also vacant, has ample windows and a walk-out to a large balcony. A full bathroom with a tub completes this charming space. The third-floor apartment is currently tenanted on a month-to-month basis, featuring a light filled kitchen with a sliding patio door that opens to a private balcony with ravine views. Location, location, location! Nestled in a walkable community, this home is steps from excellent schools, transit, lush parks, trendy restaurants, and the beach. Plus, Downtown Toronto is just a quick commute away, making it the perfect blend of nature and urban living. Don't miss this rare find! Whether you're looking to live, rent, or to build their dream home , the possibilities are endless.

Listed by RE/MAX CROSSROADS 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

     
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* This material is for informational purposes only.

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