20 PRESTON Street
Cliffside, Toronto
$699,000
Bedrooms: 3
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $998.57
About this Detached
in Cliffside, Toronto
***PRIME LOCATION*** TRULY UNIQUE****. A rare cottage-in-the-city offering charm, flexibility, and serious potential. Ideal for homeowners, investors, or multi-generational living, this property features two separate living spaces: a self-contained studio and a two-bedroom apartment. The 162-ft deep, fully fenced lot is perfect for relaxing, entertaining, or enjoying peaceful outdoor time-a true gem in the heart of the city. Recent upgrades include new windows, two independent heat pumps, and a tankless water heater, providing year-round comfort and improved energy efficiency. Perfectly located just minutes from Lakeshore, Highview Park, and schools, with easy access to the beach, Scarborough GO, subway, the Bluffs, and a vibrant mix of shops, cafés, and restaurants.
Listed by EXP REALTY/ANCHOR NEW HOMES 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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