116 Coleman Avenue

Danforth, Toronto

Open House Apr 2nd, 5-7PM
116 Coleman Avenue, Danforth, Toronto

$899,000


Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $817.27


About this Detached

in Danforth, Toronto

This is the one you've been waiting for! Welcome to this beautifully renovated fully brick detached two-storey home, where classic character meets thoughtful modern upgrades. Legal front pad parking adds rare and valuable convenience! The main & second level have been taken right back to the brick & completely rebuilt with new framing, insulation, & wiring-offering improved energy efficiency & the peace of mind that comes with a comprehensive renovation. The main floor features a bright open-concept layout designed for easy family living & effortless entertaining. The kitchen offers a highly functional layout with a breakfast bar, ample prep space, and clear sightlines to both the living room & the backyard-perfect for keeping connected while cooking or hosting. Smart light switches in the kitchen and dining room add a modern touch, while the living room has been roughed-in for AV equipment to accommodate a clean, seamless home entertainment setup. Upstairs, you'll find 3 spacious bedrooms, all with double door closets. The primary bedroom easily accommodates a king-size bed & features thoughtfully designed built-in storage to maximize both space & functionality. Smart blinds in the living room and primary add comfort & everyday convenience.This home was renovated with family living in mind, with smart built-in storage solutions found throughout. Major mechanical upgrades include an owned furnace (2022), air conditioner (2022), hot water tank (2023), wiring & 100 amp service (2022), windows (2015 & 2023). The finished basement with a separate entrance provides excellent flexibility. Use it as a family room with a guest bedroom or home office, or take advantage of the roughed-in secondary kitchen to create a potential in-law suite.Step outside to enjoy the private 20-foot-wide backyard, large storage shed & gas hook up for your BBQ-an inviting outdoor space for relaxing, gardening, or entertaining. A fantastic opportunity to simply move in and enjoy!

Listed by RE/MAX HALLMARK REALTY LTD..


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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:
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* This material is for informational purposes only.

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