50 Ranstone Gardens

Ionview, Toronto

50 Ranstone Gardens, Ionview, Toronto

$1,149,900


Bedrooms: 3

Bathrooms: 3

Living Area: 700 sqft

Price Per Sqft: $1,642.71


About this Detached

in Ionview, Toronto

Beautifully renovated bungalow in the heart of Scarborough, nestled in a safe and quiet neighbourhood. **Premium lot 44ft x 255ft** This spacious 3 plus 2 bedroom home features a functional layout ideal for families, investors, or multi generational living. The bright and updated interior is designed for modern living, with large windows that fill the home with natural light. The main level offers three well proportioned bedrooms, inviting living and dining spaces, and a practical kitchen that flows seamlessly for everyday living and entertaining. The true standout feature is the exceptional flexibility. With plumbing already in place for up to three kitchens, the home presents outstanding income or in law suite potential with private separate entrances. The finished basement includes a rec room/bedroom. There are two full washrooms, and an additional bedroom, creating the possibility for up to three self contained units. Located minutes from Kennedy Station and the Eglinton Crosstown LRT, commuting is effortless. Schools, parks, restaurants, and everyday amenities are all nearby, making this an ideal opportunity for homeowners and investors alike.

Listed by TONY K REAL ESTATE.


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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.:
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* This material is for informational purposes only.

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