29 Laxford Avenue

Maryvale, Toronto

Open House Apr 26th, 3-5PM
29 Laxford Avenue, Maryvale, Toronto

$939,880


Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $854.44


About this Detached

in Maryvale, Toronto

Welcome to 29 Laxford Avenue - An Exceptional Bright & Airy Opportunity in One of Scarborough's Most Sought-After Pockets! Nestled on a quiet street in a highly desirable Wexford neighbourhood, this solid 3+1 bedroom, 2 full bathroom detached home sits on a generous 50 x 100 ft lot and delivers incredible versatility for end-users and investors alike. Boasting approximately 1,400sqft of above-grade living space, the main home offers a smart, functional layout with three well-proportioned bedrooms, two dining areas, a massive living space, entrance foyer and two full bathrooms.The home backs onto open space, providing a rare sense of privacy and tranquility that's hard to find. The real showstopper? A finished basement with exceptional ceiling height, a separate entrance, and a kitchen - everything already in place to create an in-law suite, nanny suite or high-yield rental unit. With a layout that mirrors the square footage above, there are endless opportunities and an outstanding amount of usable square footage for this price point. Outside, the property shines with a private 1-car garage and a sprawling driveway that accommodates up to 5 vehicles in total - a rare and practical bonus in this part of the city. Discover the convenience true 15-minute city livingwhere daily essentials are just steps away or a quick drive. This home offers exceptional access to top-rated schools including Wexford Public and Wexford Collegiate School for the Arts. Commuting is seamless with nearby transit options such as the LRT, multiple bus routes, and easy access to Kennedy GO. Enjoy unparalleled convenience with major shopping destinations including Food Basics, No Frills, Walmart, and Costco - perfect suited for families of any size.Whether you're a first-time buyer looking for a mortgage helper, a savvy investor looking for a prime lot to unlock, or a family wanting space, versatility, and long-term value - this property checks every box.

Listed by RARE REAL ESTATE.


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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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