402 Manse Road

West Hill, Toronto

402 Manse Road, West Hill, Toronto

$939,000


Bedrooms: 0

Bathrooms: 0


About this Land

in West Hill, Toronto

Prime Development Opportunity - 402 Manse Road. An Exceptional opportunity to build a luxury custom home in a desirable and established neighbourhood. This newly severed premium lot measures approximately 50 X150 Ft and is being sold with architectural drawings for spacious custom residence, allowing the next owner to bring a remarkable vision to life. The property had already received city-approved severance and development approvals, saving month of planning, design, and approval time. Builders can move forward quickly and begin construction without unnecessary delays. Surrounded by quality homes and located close to schools, parks, shopping and transit, this property offers outstanding value and potential for builders, investors or end users looking to create a luxury custom home. A rare opportunity to secure a ready-to-build lot in a sought-after neighbourhood. Important Note: Two severed, equal-size lots available under separate MLS listings (400 and 402 Manse Road). Rare opportunity to purchase one or both properties. A renovated 4 + bedroom home with large, spacious living area is currently located on the properties. Buyer purchasing both lots may keep the home as a rental or holding property.

Listed by HOMELIFE/GTA REALTY INC..


Photo 0 at 402 Manse Road, West Hill, 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


     
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* This material is for informational purposes only.

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