40 Akil Thomas Gardens

Bendale, Toronto

40 Akil Thomas Gardens, Bendale, Toronto

$1,175,000


Bedrooms: 4

Bathrooms: 5

Living Area: 1,500 sqft

Price Per Sqft: $783.33


About this Townhouse

in Bendale, Toronto

$3,250 current rental income. Over $100,000 invested in high-quality finishes. Modern 3-storey luxury freehold townhouse with no monthly fees, quality built by Madison in 2024 still under Tarion warranty. Total of 1,918 sq. ft. plus a 180 sq. ft. terrace and full-size basement. This Home Offers 4+(Studio) Bedrooms, 5 Bathrooms, and 3 Kitchens, surrounded by approximately 100 newer high value townhomes. This is The Most Recent Development in South Scarborough. Owner Occupies 1,400 sq. ft. plus BBQ Terrace, 2nd and 3rd floors consisting of 3 bedrooms, 2.5 bathrooms, a laundry room, garage, and driveway. This floorplan is very rare to find. Upgrades: Floodlight security cameras (front and rear) interlocking driveway, basement studio apartment with separate entrance, large window, kitchen (removable cooktop), custom cabinetry, pot lights, and fully furnished with luxury finishes. Ground level includes a builder-finished 1-bedroom, 4-piece bathroom, separate front entrance, pot lights, kitchen (removable cooktop), custom cabinetry, and Murphy bed with custom cabinets furnished. The 2nd flr features 9ft ceiling, Soundproof insulation in living room, an extended quartz kitchen island with breakfast bar seating for 3 people, stainless steel exhaust hood fan and appliances, custom cabinetry, and gas line for BBQ on terrace. The 3rd Flr offers 3 bedrooms, 2 bathrooms, a primary bedroom (4 piece ensuite) and walk-in closet organizers. Waterproof premium hardwood flooring, Electric blinds, single-panel doors, and luxury quartz countertops throughout the luxury home. Garage features 10.5 ft ceilings, ample storage, and EV charger rough-in. Prime location: 5-minute walk to public & secondary schools, FreshCo, Shoppers, Mosque, Churches, 10-minute TTC commute to LRT crossover and Kennedy Station; 7-minute drive to Scarborough Town Centre and Hwy 401; and 10-minute drive to Hwy 404/DVP via Lawrence Ave East. 30-minute drive to downtown Toronto

Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED.


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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


     
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* This material is for informational purposes only.

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