5 Hollingworth Drive

Dorset Park, Toronto

5 Hollingworth Drive, Dorset Park, Toronto

$840,000


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,200.00


About this Detached

in Dorset Park, Toronto

Welcome to 5 Hollingworth Drive, a detached brick bungalow on a 45 x 111 ft lot in the heart of Dorset Park, Scarborough. The main floor offers three bedrooms with laminate flooring throughout, a combined living and dining area with crown moulding, pot lights, and a large bow window, along with a kitchen featuring stainless steel appliances and ceramic flooring. The finished basement has a separate entrance and above-grade windows throughout that bring in generous natural light, making it feel nothing like a typical basement, along with a living area, kitchen, and two bedrooms, making it an ideal setup for in-law or multi-generational living. The property also includes a detached garage and a 4-car private driveway, along with a fully fenced backyard giving you the outdoor space and privacy that is increasingly hard to find in the city. Dorset Park is a well-established and family-friendly community in Scarborough with schools, parks, a public library, and a recreation centre all nearby, along with a variety of restaurants and everyday shopping within close reach. For commuters, TTC bus routes are easily accessible, Kennedy Station puts the subway network within reach, and the upcoming Eglinton Crosstown LRT will make getting around the city even more convenient. Lawrence Avenue and Birchmount Road put Highway 401 just minutes away, making this an excellent opportunity for first time buyers looking to get into the market with a detached home in a well-connected and established Scarborough community. If you are looking for a property that offers a functional layout, a finished basement with separate entrance, and a location that keeps you connected to everything Scarborough has to offer, 5 Hollingworth Drive is worth a serious look.

Listed by RIGHT AT HOME 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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