41 Wishing Well Drive

Sullivan, Toronto

Open House Apr 4th - 5th, 2-4PM
41 Wishing Well Drive, Sullivan, Toronto

$950,000


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,357.14


About this Detached

in Sullivan, Toronto

Detached bungalow in a quiet, family-friendly neighbourhood with strong rental potential ($2600+/month). Major updates include windows (2022), roof, furnace, plumbing & electrical (2021), gutters (2023), and new flooring/baseboards (2026).Main floor features 3 bedrooms, a full bathroom with walk-in shower, and a bright open-concept layout with south-facing living room. Modern kitchen with stone countertops, stainless steel appliances (fridge, stove, dishwasher), ample storage, and existing plumbing/electrical for potential main-floor laundry. Finished basement with separate entrance offers 3 bedrooms with large windows, full bathroom with walk-in shower, living area, full kitchen, washer/dryer, and waterproofing-ideal for in-law suite or income potential. Private driveway parking for 4 vehicles. Owned hot water tank and A/C (2021). Spacious backyard with two storage sheds (10x16 ft) on a premium 45 x 125 ft lot, offering potential for expansion, pool, or deck. Convenient location within walking distance to TTC, parks, schools, places of worship, grocery stores, and restaurants, with quick access to Hwy 401. Vacant and move-in ready with flexible closing. Easy to show with lockbox. Offers anytime with 24-hour irrevocable. *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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