50 - 351 Military Trail

Morningside, Toronto

50 - 351 Military Trail, Morningside, Toronto

$741,000


Bedrooms: 4

Bathrooms: 2

Living Area: 1,200 sqft

Price Per Sqft: $617.50


About this Townhouse

in Morningside, Toronto

This well-kept two-storey condo townhouse offers over 2,000 sq ft of total living space in the sought-after Seven Oaks neighbourhood. The main floor features laminate flooring throughout and a bright open-concept living and dining area complete with a cozy fireplace, perfect for everyday living and entertaining. The upgraded kitchen is finished with quartz countertops and stainless-steel appliances. The second-floor features four generously sized bedrooms and a full bathroom, offering comfortable and functional space for the entire family. The finished basement provides valuable additional living space with a large rec room, an extra bedroom, and a laundry room, presenting excellent potential for an in-law suite. Monthly maintenance conveniently includes water, Rogers cable, and internet, adding exceptional value. Located in a family-friendly complex with ample visitor parking, this home is steps to parks, schools, transit, and the Toronto Pan Am Sports Centre, and just minutes to Centennial College, U of T Scarborough, Scarborough Town Centre, hospital, shopping, and Hwy 401. Move-in ready and a must see.

Listed by RE/MAX COMMUNITY 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


     
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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