75 Magnolia Avenue

Kennedy Park, Toronto

75 Magnolia Avenue, Kennedy Park, Toronto

$1,098,000


Bedrooms: 4

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $549.00


About this Detached

in Kennedy Park, Toronto

Custom Built Original Family-Owned Detached Home with 4 Bedrooms & 3 Bathroom a Spiral Oak Staircase & Skylight. 2 (Two) Basement Apartments with Eight-Foot-High Ceilings and Extra Large Window. It Can Be Used for Extra Income. House Rented for $3,000/Per Month. Basement Units Rented for $650.00 Each/Per Month. Garage Rented $200.00/Per Month -- Close to Scarborough GO, TTC, Parks, & Schools all within Walking Distance.

Listed by CENTURY 21 PARKLAND LTD..



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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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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