60 Phillip Avenue

Cliffside, Toronto

60 Phillip Avenue, Cliffside, Toronto

$699,900


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $999.86


About this Detached

in Cliffside, Toronto

This detached bungalow features 2 kitchens, 2 + 1 bedrooms, 2 baths & separate entrance. Offering flexibility & convenience for multi-generational families and investors alike. Parking for up to 4 cars, the detached garage offers ample space for car or a work-out personal gym, while the well sized fenced-in yard is the perfect setting for hosting family get togethers. Birch cliff Cliffside is an established, family oriented neighborhood set amidst the idyllic backdrop of the Scarborough Bluffs and Lake Ontario. Drawing attention away from the lake is Kingston Road, a major thoroughfare that arches its way through the center of this neighborhood. 20 minutes east gets you onto the 401 and 20 minutes west sets you right into beautiful downtown Toronto. It is possible to build a 4 plex with 3 bedrooms and 3 washrooms each over 1300 sq feet each and a garden suite at the back, please check attachments.

Listed by REALTY 21 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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