67 Mcdonald Avenue

Oakridge, Toronto

67 Mcdonald Avenue, Oakridge, Toronto

$799,900


Bedrooms: 4

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $727.18


About this Detached

in Oakridge, Toronto

Discover a 4 bedroom home offering incredible potential in one of Scarborough's most convenient and scenic neighbourhoods. The property features a spacious, functional layout with well-proportioned bedrooms and a main-floor design ready for your vision, along with strong investment appeal thanks to two units with rental potential of approximately $1,700 each. The location is truly exceptional, just minutes from Lake Ontario, waterfront parks, beaches, and scenic trails, as well as shopping, grocery stores, cafes, transit, and reputable schools. This home offers a rare opportunity to create your ideal living space or maximize income potential while enjoying all the convenience, natural beauty, and lifestyle benefits this desirable Scarborough pocket provides.

Listed by TONY K REAL ESTATE.


Photo 0 at 67 Mcdonald Avenue, Oakridge, Toronto

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Photo 1 at 67 Mcdonald Avenue, Oakridge, Toronto

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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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