314 Morrish Rd Road S

Highland Creek, Toronto

314 Morrish Rd Road S, Highland Creek, Toronto

$1,359,999


Bedrooms: 4

Bathrooms: 6

Living Area: 1,500 sqft

Price Per Sqft: $906.67


About this Detached

in Highland Creek, Toronto

Welcome to a beautifully renovated 4+1 room, 3-bathroom home in the prestigious Highland Creek community. Set on a rare 50 x 278 ft deep lot, this property offers significant long-term value and flexibility for investors, custom home builders, or end-users. Over $100,000 has been invested in renovations, featuring a modern layout with a kitchen that includes an island, gas stove, and black stainless steel appliances. A 360 sq. ft. addition was completed with a permit, providing additional functional living space to the floor plan, complemented by pot lights throughout the interior and exterior. Technical specifications include an upgraded 200 AMP electrical panel and a Lorex security system. A 2023 survey is available for review. The exterior features a double garage and a 4-car driveway with no sidewalk, maximizing the frontage and parking capacity. Given the lot depth, there is potential to explore further renovations, a custom build, or a garden suite. This home is located minutes from the University of Toronto Scarborough campus and is in close proximity to parks, trails, schools, and everyday amenities.

Listed by RIGHT AT HOME REALTY.


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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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