547 Montrave Avenue

Vanier, Oshawa

547 Montrave Avenue, Vanier, Oshawa

$449,000


Bedrooms: 2

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $641.43


About this Detached

in Vanier, Oshawa

Welcome to this detached bungalow in a convenient Oshawa location, just minutes to Hwy 401, shopping, schools, and everyday amenities. Tenants currently in place. Seller is actively working toward a vacancy arrangement, offering flexibility for end-users. Situated on a generous 5,000 sq ft lot on a quiet residential street, this property offers excellent potential for both end-users and investors. The main floor features a functional layout with 2 bedrooms and 1 full bathroom, providing comfortable living space. A finished attic loft offers additional flexible space suitable for storage, office, or bonus use. The basement includes a separate side entrance and offers strong in-law or additional living space potential. One bedroom is finished, with additional space for customization. Basement bathroom partially completed with toilet and tub/shower in place; sink rough-in. Additional features include 150 amp electrical service and a gas furnace updated within the last 2-3 years. Opportunity to add value and customize to your needs. Cooperative tenants. Flexible closing available. *For Additional Property Details Click The Brochure Icon Below*

Listed by ICI SOURCE REAL ASSET SERVICES 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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