18 Edenmills Drive

Morningside, Toronto

18 Edenmills Drive, Morningside, Toronto

$979,000


Bedrooms: 4

Bathrooms: 4

Living Area: 1,100 sqft

Price Per Sqft: $890.00


About this Detached

in Morningside, Toronto

Welcome to this beautifully maintained home in the highly desirable Seven Oaks community, offering an exceptional blend of comfort, functionality, and income potential. Thoughtfully updated, the home features freshly painted main living areas, modern LED lighting, and upgraded vinyl flooring throughout the main floor (2017). The stylish kitchen is enhanced with quartz countertops and offers the flexibility of both gas and electric stove connections. The main bathroom has been tastefully renovated with new tile finishes. A unique and valuable layout modification includes the addition of an extra bedroom on the upper level, maximizing living space for growing families. The fully finished basement, with its own kitchen, three bedrooms, and a full bathroom, presents an excellent opportunity for rental income or multi-generational living. Situated on a generous lot, this home offers both privacy and outdoor enjoyment. Ideally located just minutes from top-rated schools, shopping, major highways, public transit, hospitals, and the University of Toronto Scarborough campus, making it a prime choice for families and investors alike. Move-in ready and offering immediate income potential, this is a rare opportunity in a well-established, convenient neighbourhood-don't miss it.

Listed by HIGHPOINT HOMES REALTY.


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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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