56 Homestead Road
West Hill, Toronto
$980,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $653.33
About this Detached
in West Hill, Toronto
Welcome to this lovely home situated in a highly sought-after Scarborough neighborhood, just minutes from the lake. Offering the perfect blend of comfort and convenience, this home is close to excellent schools, beautiful parks, a variety of restaurants, shopping, major highways, and public transit - making it an ideal choice for families and commuters alike. As you enter, you'll be greeted by a bright and expansive veranda with large windows flooding the space with natural light - a perfect spot to enjoy your morning coffee or unwind in the evening. The main floor features a generously sized living and dining area, ideal for entertaining family and friends. A cozy family room with a wood-burning fireplace adds warmth and charm, while a patio door leads to a covered deck, seamlessly extending your living space outdoors. The large, level backyard offers endless possibilities for gardening, outdoor activities, or future projects. A convenient three-piece bathroom completes the main floor. Upstairs, you'll find three spacious bedrooms, each offering comfort and ample storage. The primary bedroom features direct access to a four-piece bathroom, which is also accessible from the hallway. A highlight of this room is the large patio door leading to a potential balcony - ready to be finished to your taste. The fully finished basement adds incredible value to this home, featuring a separate entrance, a second kitchen, a living room, a bedroom, and a full bathroom - making it an ideal in-law suite or potential rental space. A large cold room provides additional storage. The backyard is a true standout, offering an expansive and level space that can be transformed to suit your vision. A large, well-built shed presents exciting opportunities as a workshop, extra storage, a potential secondary suite, or a stylish he/she shed. It has built-in support for a possible garage door. Additionally, the garage has been modified to allow for extra storage, a feature many will appreciate.
Listed by RE/MAX EXPERTS.
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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
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| * This material is for informational purposes only. | |||
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