16 Woolwick Drive
Woburn, Toronto
$1,133,800
Bedrooms: 3
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $1,030.73
About this Detached
in Woburn, Toronto
*This is Gorgeous Top to Bottom Renovated Bungalow offering you 3+2 Bedrooms with 2 FULL Bathrooms Upstairs and 1 in Basement* Two Unit Residential Occupancy Letter dated 9th March 2026* Thousands of Dollars invested for 2 New Modern Kitchens, Center Island, Quartz Counter and Backsplash, Pre Engineered Hardwood Floors and Vinyl Floors, 3 New Modern Bathrooms with Porcelain Tiles and Frameless Glass Shower Doors, New Garage Floor, New Driveway for 5 + Cars, Smooth Ceiling where applicable, 5 New Stainless Steel Appliances, New Paint and More* Potential rental Income $3,000 Main Floor and $2,000 from Basement* Live in Basement and rent Main Floor or Live on Main floor and Rent Basement for Mortgage Help* Future Subway coming to McCowan and Lawrence* Rare almost 50 feet lot one can Build up to 4,000+ sq ft Home in Future* Potential to Build a Garden Suite at the Back and or with 4 Plex, Total 5 Units* Return on Investment 30.6% with 7.8% Down Payment at 3.95% and 17.9% with 20% Down Payment* Perfect for First Time Home Buyers, Multigenerational Home, Builder, Investor and Someone who does not want to go through the Pain of Renovations and want to move in a Ready Made Home with Modern Finishes and Upgrades*
Listed by HOMELIFE/GTA REALTY INC..
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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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