532 Montrave Avenue

Vanier, Oshawa

532 Montrave Avenue, Vanier, Oshawa

$749,000


Bedrooms: 3

Bathrooms: 3

Living Area: 700 sqft

Price Per Sqft: $1,070.00


About this Detached

in Vanier, Oshawa

LOCATION, LOCATION, LOCATION! Excellent opportunity for First Time Home Buyer or Investor. This recently renovated Bungalow is a LEGALDUPLEX that sits on a large corner lot facing east! The main floor, or upper unit, features a large eat in kitchen, large living room with picture window, 3 bedrooms, a full 4 piece bathroom and a 2 piece powder room. The basement, or lower level, has a separate side entrance and features a large eat in kitchen, living room, 2 bedrooms and a full bathroom. Both units are fully equipped with in suite laundry! Roof and Eaves were replaced in 2022. Nestled in a tranquil neighborhood with easy access to 401, public transit and walking distance to major shopping centres, restaurants, schools and essential services. This property offers a fantastic opportunity for investors eyeing rental income or family seeking shared yet independent spaces or a mortgage helper. Versatile living options in a prime location. Don't miss your chance to own this exceptional home

Listed by THE REALTY DEN.


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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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