311 Westwood Avenue

East York, Toronto

311 Westwood Avenue, East York, Toronto

$1,498,000


Bedrooms: 4

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $998.67


About this Detached

in East York, Toronto

This Westwood Oasis is perfect situated on a quiet, tree-lined street in the heart of East York. Fabulous 4+1 bedroom, 3 bathroom detached home offers the ultimate blend of lifestyle space, and income potential. The main floor welcomes you with a classic layout featuring an updated kitchen with a breakfast bar that flows into a formal dining room-ideal for family gatherings. Relax in the inviting living area, anchored by a traditional wood-burning fireplace. The true show stopper of the residence is the expansive, sun-drenched family room; walk-out to a entertainer's backyard retreat. The oversized deck is a host's dream, fully equipped with a hot tub, custom bar, built-in bar fridge, and ddicated wiring for an outdoor TV. Upstairs, the home features four bedrooms, including a large primary suite. The property's versatility is unmatched, boasting a separate side entrance to a fully finished 1-bedroom in-law suite with an updated kitchen, 4-piece bath, and spacious living/dining area. Located within walking distance to top-rated schools, like Westwood Middle School and East York CI, and just minutes from the vibrant shops and subway access of the Danforth, this home is a rare find in one of Toronto's most beloved communities. Complete with an attached garage, private tandem driveway, this home is truly move-in ready.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.


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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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