162 Tower Drive
Maryvale, Toronto
$1,168,000
Bedrooms: 3
Bathrooms: 3
Living Area: 700 sqft
Price Per Sqft: $1,668.57
About this Detached
in Maryvale, Toronto
Skip the $250K+ renovation and lock in your total cost today. Rarely offered ~2,100 sq.ft fully renovated home featuring a never-lived-in LEGAL duplex basement apartment (2025) completed with permits and inspections - protecting you from the compliance risks many non-registered basement units face. Beautiful luxury finishes. In a neighbourhood where most homes require major updates after closing, this property has already completed the expensive work: new roof, all windows, doors, insulation, grading, underground plumbing, backwater valves, sump pump, 200-amp service, new AC, water tank (owned 2021) kitchens, baths, flooring and so much more - all new and backed by a 2-year warranty. Two fully self-contained units with separate laundry provide flexibility for multi-generational living or income potential up to approx. $5,800/month, helping offset carrying costs from day one. Enjoy a private backyard backing onto open Meadoway greenspace - no homes directly behind - on an exceptional 124-ft deep lot. The main level offers a rare primary ensuite bath with curbless shower plus bathroom access from every bedroom (3 full baths total). Ideal for buyers comparing older homes needing work vs. a move-in ready beauty! Conveniently located near schools, Costco, Hwy 401 & DVP. Pre-Home Inspection Available.
Listed by RIGHT AT HOME 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
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| * This material is for informational purposes only. | |||
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