23 Westcroft Drive

West Hill, Toronto

23 Westcroft Drive, West Hill, Toronto

$850,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $566.67


About this Detached

in West Hill, Toronto

PRIME CORNER LOT - Family Home or Income Property! Solid full two-storey detached home on a massive private corner lot with huge backyard. Endless possibilities. Family Home, Bring this classic house back to a stunning single-family residence. Spacious layout, large rooms, and an amazing private lot perfect for kids and entertaining. Investor/Owner - Vacant upper 2-bedroom apartment with private front entrance + dedicated parking spot - ready to rent. Main floor offers a generous 1-bedroom unit connected with Basement (has separate entrance with easy potential for a 1- or 2-bedroom suite) - Bus at the corner, steps to U of T Scarborough, Pan Am Centre, parks, schools, and 401. Small Builders - Severance potential on the east portion of the backyard (buyer to confirm with City) - Garden suite (severance not required for a Garden Suite) on the east lot (subject to City approval) Rare large corner lot with development upside! Easy to show. Family home, multi-unit cash flow, or future development - this property has it all. Don't miss out!

Listed by RE/MAX ULTIMATE 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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