14 Bracebridge Avenue E
Lumsden, Toronto
$1,160,000
Bedrooms: 2
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,657.14
About this Detached
in Lumsden, Toronto
Spectacular fully renovated modern bungalow offering a rare open concept layout unlike anything else in the area. Featuring soaring cathedral ceilings exceeding 15 feet across the main level, this home feels incredibly spacious and truly exceptional. Boasting 2 modern kitchens on the main floor and basement, both updated within the last 5 years with appliances, along with 2 beautifully renovated bathrooms including heated floors. Gorgeous engineered hardwood flooring, baseboards, trim, windows, doors and more. This home truly shows pride of ownership. The fully finished basement offers excellent income or multi generational living potential, complete with a separate side entrance, full kitchen and full bathroom. Additional upgrades include a newer roof re-shingled within the last few years, a brand new high efficiency boiler system installed within the past year with a 10 year warranty, new glass shower enclosures, updated bannister, and extensive exterior improvements including a new deck, fencing and landscaping. Brand new built-in shelving in massive basement laundry area, great for storage! Detached garage at the rear provides parking for up to two vehicles. The property also presents an exciting opportunity for future development! The lot is well suited for a detached garden suite under current Toronto zoning regulations, with a preliminary review indicating no major regulatory barriers, offering strong long-term value and potential for income or family expansion! A turnkey opportunity showcasing exceptional craftsmanship throughout! This is an absolute must see! See attachments for existing floorplans and preliminary ADU information!
Listed by REAL ESTATE HOMEWARD.
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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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