43 King Edward Avenue

Lumsden, Toronto

43 King Edward Avenue, Lumsden, Toronto

$949,800


Bedrooms: 2

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $863.45


About this Detached

in Lumsden, Toronto

***ATTENTION ALL BUILDERS AND INVESTORS*** Welcome to your dream home in one of East Yorks most desirable and family-friendly neighbourhoods! **This well-maintained detached home sits on a generous **25 x 126.54 ft **lot and offers outstanding potential. Inside, you'll find two spacious bedrooms and a bright, open-concept living and dining area ideal for both everyday living and entertaining. The home includes a generously sized, classic kitchen with plenty of room to cook and gather. A large overlooks the backyard, bringing in natural light and offering a pleasant view of the outdoor space. Step outside to a large, private backyard perfect for summer BBQs, evening gatherings, or creating your own outdoor oasis.Located just steps from parks, top-rated schools, the subway, and the vibrant shops and restaurants of the Danforth. With quick access to downtown and only minutes to Woodbine Beach, this home offers both convenience and lifestyle. A fantastic opportunity for BUILDERS, FIRST TIME BUYERS ,INVESTORS , or anyone looking to customize a solid home in a thriving Toronto community!** Potential **are ready for builders or anyone looking to build a luxury home with the potential for a garden suite, providing an excellent opportunity for extra income.

Listed by RE/MAX REALTRON ELI BAKHTIARI TEAM REALTY.


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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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