10950 Simcoe Street
Rural Scugog, Scugog
$999,000
Bedrooms: 2
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,427.14
About this Detached
in Rural Scugog, Scugog
Stunning Fully Renovated Bungalow With Steady Monthly Income on 10-acre Parcel!!! Discover This Beautifully Renovated All-brick Bungalow Set on 10 Private Acres, Just Minutes From Port Perry, Highway 407 and Highway 412. Featuring Modern Upgrades Throughout. This Home Offers Both Comfortable Living, Incredible Income and Future Development Opportunities! The Main Level Boasts an Inviting Open-concept Layout With a Stylish Eat-in Kitchen, Spacious Living Area, and Two Generous Bedrooms. Living Room Features Wood-burning Fireplace and Bay Window. Eat-in Kitchen with Steps Outside to a Large Deck, Perfect for Enjoying the Peaceful, Tree- Lined Surroundings. The Fully Finished Basement Includes a 2-bedroom Apartment With Its Separate Entrance and Beautiful Open-Concept Modern Kitchen, and a 4-piece Bathroom - Ideal for Extended Family or Rental Income. At the Back of the Property, and With Its Own Driveway, Tastefully Seperated by a Line of MatureTrees, 5 Acres Are Leased to a Stone Company, Providing Steady Additional Monthly Revenue. Combined Rental Income From the Home and Land is Nearly $7,000 Per Month! Other Features Include: 100-ft Tree-lined Driveway for Privacy, Attached Double-car Garage, SeperateBasement Entrance, Newer Metal Roof (2020), 200amp Service, Modern Finishes Throughout. Whether You Are an Investor, Multi-generational Family, or Looking for Country Living With Income Potential, This Unique Property is a Must-see!? Don't Miss This Rare Opportunity!
Listed by RE/MAX REALTRON 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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