553 Harmony Road S

Donevan, Oshawa

Open House Jan 17th, 2-4PM
553 Harmony Road S, Donevan, Oshawa

$749,900


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,071.29


About this Detached

in Donevan, Oshawa

**LEGAL 2 UNIT** Welcome to 553 Harmony Rd S, a charming brick bungalow offering exceptional versatility for investors, first-time buyers, or multi-generational living. This legal duplex features two spacious bedrooms on the upper level and an additional bedroom in the bright, fully finished walkout basement. Set on an impressive 277-ft deep lot backing directly onto Oshawa's Harmony Creek Golf Course, the property offers rare privacy and scenic views. The main floor boasts a generous eat-in kitchen overlooking the family room, while the upper bedrooms enjoy peaceful views of the expansive backyard, with the primary bedroom offering his and hers closets. The walkout basement feels like main-floor living with large French doors and abundant natural light. Convenient one-car garage parking and a prime location near Harmony Rd and Hwy 401 provide easy commuting. An outstanding opportunity to generate rental income while enjoying a beautiful setting.

Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD..


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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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