256 Centennial Road

Centennial Scarborough, Toronto

256 Centennial Road, Centennial Scarborough, Toronto

$1,489,000


Bedrooms: 4

Bathrooms: 4

Living Area: 2,500 sqft

Price Per Sqft: $595.60


About this Detached

in Centennial Scarborough, Toronto

Welcome to 256 Centennial Road, a spacious and well-cared-for home in the heart of Scarborough, offering approximately 2,868 sq. ft. of living space. This inviting property presents a wonderful opportunity for families, investors, or anyone looking for a home with room to grow and make their own.The main level features bright and welcoming principal rooms, a thoughtful layout, and large windows that fill the space with natural light. The kitchen is both functional and inviting, complete with ample cabinetry, generous workspace, and a convenient walk-in pantry. It opens into the dining and living areas-perfect for everyday living and gathering with family and friends. Tucked away for added comfort, the family room offers a cozy retreat with a walkout to a generously sized backyard, ideal for relaxing or entertaining outdoors. Upstairs, you'll find well-sized bedrooms designed with comfort in mind, including a spacious primary retreat. The primary bedroom also features a separate area that can easily be used as a home office, reading nook, or quiet sitting space-perfect for today's flexible lifestyles. The lower level offers additional finished space with a separate entrance and existing accommodations with 2 additional kitchens, 2 bathrooms and 4 bedrooms. Situated on a desirable lot, the property provides plenty of outdoor space for relaxation, gardening, or entertaining. Conveniently located across the street from a school and park. Also with close procimity to parks, shopping, transit, and major routes, this home blends size, location, and flexibility. Whether you're looking to move in, invest, or customize to your needs, this is a rare opportunity to secure a substantial home in a well-established Scarborough neighbourhood.

Listed by ROSEMOUNT REALTY AND ASSOCIATES LTD..


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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:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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