30 Melchior Drive

West Hill, Toronto

30 Melchior Drive, West Hill, Toronto

$799,900


Bedrooms: 3

Bathrooms: 4

Living Area: 700 sqft

Price Per Sqft: $1,142.71


About this Detached

in West Hill, Toronto

Welcome to this beautiful stunning and renovated 3+3 Bed Rooms, 2+2 Wash Rooms Detached Bungalow House with 1 +2 Kitchens in West Hill Community near Morningside Avenue and Lawrence Avenue East. The Property is good for both first time home buyer(s) and investor(s). Two Units in the basement, one is Single Bed and another one is Double Bed unit with separate kitchen and washroom. There is a rental income potential of $3,000.00 or more from Basement. The house is fully renovated with upgraded 200 AMP electrical service, roofing changed in 2019, Hot Water Tank in 2022 and Furnace in 2023. Two separate laundry, one in main floor and one in basement. This property is close to all amenities: very close to Schools, Parks & Recreation Centre, Transit, Health Network, Fire Station and Police Station. Please visit this property before you make any buying decision. This might be your dream home.

Listed by REALTY 21 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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