1206 Brimley Road

Bendale, Toronto

1206 Brimley Road, Bendale, Toronto

$599,999


Bedrooms: 3

Bathrooms: 1

Living Area: 1,100 sqft

Price Per Sqft: $545.45


About this Detached

in Bendale, Toronto

Incredible Opportunity For Builders, Contractors, Investors, And First-time Buyers Looking To Unlock Exceptional Potential. This "diamond In The Rough" Is Being Sold In As-is, Where-is Condition.Conceptual Renderings Are Provided For Illustration Purposes Only, Showcasing The Possibilities For An Extended Renovation Or Custom New Build. This Property Presents A Rare Opportunity To Maximize Value And Create A Tailored Living Space In A Well-established And Highly Accessible Neighbourhood.The Home Requires Renovation, With Roof Damage Localized To The Rear Portion Of The Property, Resulting In Some Water Intrusion. The Remainder Of The Structure Offers Solid Potential For Improvement. Due To Safety Considerations, Interior Access Is Currently Not Permitted.Due To Safety And Access Limitations, Room Measurements Are Estimated And Could Not Be Verified.Potential For A Secondary Unit (subject To Approvals), Offering Added Flexibility And The Opportunity For Supplementary Income To Help Offset Mortgage Costs.Endless Possibilities For Those With Vision - Renovate, Rebuild, Or Invest And Capitalize.Ideally Located Just Minutes From Scarborough Town Centre, Scarborough General Hospital, Kennedy Convention Centre, And With Quick Access To Highway 401, Public Transit, Schools, Parks, And All Essential Amenities.

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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