551 Military Trail
Morningside, Toronto
$1,499,000
Bedrooms: 4
Bathrooms: 3
Living Area: 2,000 sqft
Price Per Sqft: $749.50
About this Detached
in Morningside, Toronto
Calling all savvy investors! great income potential. Great for growing families with separate nanny/in-law suite. also great for rental to UofT students. Separate mailing addresses for Canada Post, Separate Hydro and Enbridge Gas for both houses. Tons of upgrades throughout both houses: windows, stainless steel appliances, fireplaces, privacy fence. Lots of added security features glass breaking detection and 10 security cameras. huge driveway can park up to 10 cars or RV/boat. Oversized backyard and deck - great for kids to play or entertaining large gatherings! Ravine lot. Backs onto Brooks Road Park. Like a farmhouse in the city. Ultra convenient location with quick access to walking trails, schools, UofT Scarborough Campus, Centennial College, Hospital, Hwy 401, grocery stores the list goes on! A truly unique property on a massive ravine lot. Don't miss this opportunity to live or invest in somewhere special and truly one of a kind. Welcome Home!
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
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| * This material is for informational purposes only. | |||
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