257 Lumsden Avenue

Lumsden, Toronto

Open House Jan 17th - 18th, 2-4PM
257 Lumsden Avenue, Lumsden, Toronto

$1,099,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $999.09


About this Detached

in Lumsden, Toronto

Welcome to 257 Lumsden Avenue, a true unicorn in one of East York's hottest pockets, where homes like this rarely come to market. This fully detached, renovated, and completely move-in-ready home offers everything buyers are searching for but seldom find in one place. From the moment you walk in, you will fall in love with the warmth, flow, and thoughtful updates throughout. The home features two-car parking on a private drive with no narrow or awkward manoeuvring between houses, three good-sized bedrooms, rare main flr powder room, and a fully fenced, private backyard ideal for relaxing or entertaining. A large deck off the kitchen creates the perfect setting for dining under the stars, while a rear storage shed provides space for bikes, tools, and seasonal extras.The lower level offers a fully self-contained one-bedroom in-law suite with its own private and easily accessible entrance, separate laundry, and excellent ceiling height, making it ideal for extended family, guests, or additional income potential. Located in the highly sought-after Woodbine-Lumsden pocket, this home is steps to the subway and GO Train, minutes to the Danforth's unique shops and cafés, and connected by safe bike lanes leading directly to The Beach. It truly does not get better than this.The home has been thoughtfully updated with the improvements that matter most, including roof shingles in 2019, new flooring on the second floor, a fully gutted and rebuilt basement with a new kitchen and bathroom, upgraded insulation with vapour barrier, 200-amp electrical service, ductless HVAC with air conditioning and heat added to the second floor for superior sleeping comfort, as well as new windows, siding, eaves, and soffits.This is a rare Woodbine-Lumsden gem in a neighbourhood young urban professionals are flocking to, offering style, functionality, and long-term peace of mind in one exceptional package. **OPEN HOUSE SAT JAN 17 AND SUN JAN 18, 2:00-4:00PM**

Listed by ROYAL LEPAGE SIGNATURE SUSAN GUCCI 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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