11 Centre Street

Scarborough Village, Toronto

11 Centre Street, Scarborough Village, Toronto

$1,100,000


Bedrooms: 3

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $1,571.43


About this Detached

in Scarborough Village, Toronto

Opportunities like this don't come often! This 50.06ft x192.0ft lot only offers endless possibilities for developers, builders, and investors looking to maximize value in a prime location. Whether you're envisioning a luxurious custom home, a multi-unit development, or a profitable investment, maximize your investment with the possibility for land assembly with the neighboring property creating an even larger development opportunities. This rare large lot offers excellent options for a family home, multi-unit investment. Act quickly, Near by Churches, mosque, supermarkets, schools, medical Clinic, TTC route, LRT future line, Etc.

Listed by CENTURY 21 KINGDOM REALTY 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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