408 O'connor Drive

East York, Toronto

408 O'connor Drive, East York, Toronto

$899,999


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,285.71


About this Detached

in East York, Toronto

Welcome to this exquisite detached house, a dream home for home buyers, investors, developers, and builders alike. Boasting a private driveway with ample space for 4 cars, a detached garage, and a generously sized lot that offers exciting potential to build a garden suite (subject to city approval). The finished basement provides an ideal opportunity for potential in-law suites or rental income, enhancing the property's versatility. Conveniently situated in a prime location of East York, this residence offers easy access to schools, the DVP highway, parks, hospitals, and public transportation, with bus stops and a TTC subway station nearby. Don't miss the chance to own this exceptional property with endless possibilities for investment and comfortable living.Seize this rare opportunity!

Listed by REAL ESTATE HOMEWARD.


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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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