28 Lynn Road

Cliffside, Toronto

28 Lynn Road, Cliffside, Toronto

$849,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,212.86


About this Detached

in Cliffside, Toronto

Presenting a charming and stylish brick bungalow situated in the heart of Birchcliff. It features a thoughtfully designed layout with 2+2 bedrooms and 2 full bathrooms. This home offers an excellent opportunity for first-time homebuyers and individuals seeking to downsize, while also providing the potential for supplementary income. The welcoming living space is both relaxing and provides room for entertaining, enhanced by rich wooden flooring. The updated kitchen offers ample space and functionality for daily cooking, while the dining room serves as a venue for creating memorable experiences with friends and family. Descending to the lower finished level, one finds a separate in-law suite with 2 additional bedrooms and a full bathroom, along with shared laundry facilities. Enjoy your private fenced yard and spacious deck, perfect for hosting summer barbecues and creating lasting memories. This home has received recent updates, 2021 furnace, central air, 2021, and 2019 roof. This property is conveniently located within a short walking distance of various local amenities/shops, including Grayson's Rustic Bakery, Corbin's Catering & Foods, City Cottage Market, House & Garden Co, local pubs Andrew's Place & Buster's By The Bluffs, coffee shops, and nearby schools, parks, bluffs, and public transit.

Listed by RE/MAX HALLMARK REALTY LTD..


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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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