83 Brooklawn Avenue

Cliffcrest, Toronto

83 Brooklawn Avenue, Cliffcrest, Toronto

$899,999

Bedrooms: 0

Bathrooms: 0

Living Area: 700 sqft

Price Per Sqft: $1,285.71

About this Detached

in Cliffcrest, Toronto

Attention builders, investors, and contractors! Exceptional development opportunity in the prestigious Cliffcrest community, south of Kingston Rd. This fully serviced residential lot is approved and ready for development in a sought-after, family-oriented neighbourhood. A rare opportunity to build a custom home in an area surrounded by upscale residences. The seller will provide ready-to-build permits and cover applicable development fees, offering a convenient, shovel-ready opportunity. Building permits are expected on or before closing for a custom home of approximately 2,745 sq. ft., featuring 4+2 bedrooms and 5 washrooms. Ideally located next to R.H. King Academy, Fairmount Public School, the Scarborough Bluffs, and numerous local amenities, this offering is perfect for builders seeking their next signature project or investors looking for a turnkey development in one of Scarborough's most desirable communities.

Listed by RE/MAX ACE 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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