28 Lynvalley Crescent

Maryvale, Toronto

28 Lynvalley Crescent, Maryvale, Toronto

$899,900


Bedrooms: 4

Bathrooms: 2

Living Area: 1,500 sqft

Price Per Sqft: $599.93


About this Detached

in Maryvale, Toronto

Prime Opportunity in the Heart of Wexford-Maryvale Rarely Offered 1 1/2 Storey Gem on a Premium 40 x 125 Ft Lot For the first time since 1980, this cherished family home is hitting the market. Well maintained by the same proud owners for over four decades, this detached residence offers families or investors great opportunities. Situated in one of Scarborough's most family-centric communities. Property Highlights: Versatile Layout: A spacious 1 1/2 storey floor plan featuring 4 bedrooms and 2 renovated bathrooms. Income or In-Law Potential: Boasting a functional design with separate side and rear entrances, this property is a prime candidate for a lower-level or 2nd-floor rental suite or multi-generational living. Expansion Potential: Sitting on a generous 40 x 125 ft lot, it offers a large backyard for gardening, play, or the footprint for your future dream-home expansion. Property also qualifies for a Garden Suite. Lifestyle & Location: Wexford-Maryvale is renowned for its lush greenery and unbeatable connectivity. This home puts you at the center of it all: Commuter's Dream: Minutes to the DVP and Hwy 401, with quick access to the future Eglinton Crosstown LRT and frequent TTC routes. Parks & Recreation: Steps from the sprawling Wexford Park and the Gatineau Hydro Corridor trails, ideal for weekend cycling or family picnics. Education: Wexford Collegiate School for the Arts and elementary options like Maryvale Public School.

Listed by ROYAL LEPAGE TERREQUITY TCK FINE HOMES 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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