21 Aspendale Drive

Bendale, Toronto

21 Aspendale Drive, Bendale, Toronto

$1,199,000


Bedrooms: 4

Bathrooms: 4

Living Area: 700 sqft

Price Per Sqft: $1,712.86


About this Detached

in Bendale, Toronto

Welcome To 21 Aspendale Drive, An Exceptional Property Situated On A Generous 56.56 Ft X 107 Ft Fully Fenced Lot. Widely Regarded As One Of The Finest Homes On The Street And Among One Of The Best In The Bendale Community, Pocket Of Scarborough, This Residence Offers Outstanding Value, Versatility, And Long-Term Potential.The Home Features Six Spacious Bedrooms (4+2), 4 Full Bathrooms, 2 Kitchens, 2 Laundry Areas, And A Separate Entrance, Making It Ideal For Multi-Generational Living Or Investment. The City-Approved Legal Basement Apartment Is Fully Compliant, Including Electrical Safety Authority Certification And A New 200 Amp Electrical Panel.Recent Upgrades Include New High-Efficiency Windows, A New Roof (2024), Central A/C, A High-Efficiency Furnace, And Newer Appliances Throughout - Offering Peace Of Mind And Low Maintenance For Years To Come.Located Within Walking Distance To Scarborough Town Centre (Shopping Mall), 24-Hour Transit, Bus Routes, And A Future Subway Line, The Property Delivers Exceptional Convenience And Strong Future Appreciation.For Investors And End Users Alike, The Backyard Presents A Rare Opportunity To Build A Garden Suite. All Service Lines Are Already Installed And Ready For Connection, Allowing For A Streamlined Build Process. The Property Currently Generates $5,800/Month In Rental Income, With The Potential To Earn Up To An Additional $2,000/Month If Buyer Build A Garden Suite. Aaa Tenants Are In Place And Willing To Stay, Providing Immediate, Stable Cash Flow.

Listed by HOMELIFE/FUTURE REALTY 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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