970 Harmony Road N

Pinecrest, Oshawa

970 Harmony Road N, Pinecrest, Oshawa

$849,990

Bedrooms: 0

Bathrooms: 0

About this Land

in Pinecrest, Oshawa

Attention Builders & Investors - Prime Development Opportunity in North Oshawa! Situated on a pie-shaped corner lot with 100' rear frontage, this parcel is ideal for severance into 3 lots with potential for 3 detached homes, each supporting 3 units per dwelling (total of 9 units) under the More Homes Built Faster Act, 2022 - allowing for 2 accessory units in each single-family home without development charges or parkland fees. Zoned R2 with services available. Buyer to conduct own due diligence. Survey available upon request. Property being sold "As-Is" with an unused well in the rear yard (as per seller). Located at the corner of Harmony Rd N & Beatrice St E - close to schools, parks, transit, and all amenities.

Listed by REVEL REALTY INC..

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Photo 0 at 970 Harmony Road N, Pinecrest, Oshawa

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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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Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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