2 - 50 Markham Road

Scarborough Village, Toronto

Open House Apr 26th, 2-4PM
2 - 50 Markham Road, Scarborough Village, Toronto

$729,900


Bedrooms: 3

Bathrooms: 3

Living Area: 1,000 sqft

Price Per Sqft: $729.90


About this Townhouse

in Scarborough Village, Toronto

Welcome to 50 Markham Rd #2 - a rare gem tucked away in an exclusive enclave of just 18 townhomes! Enjoy the benefits of townhouse living without the typical high-rise condo compromises. This quiet, safe, and well-maintained community offers low maintenance fees while placing you just minutes from everything you need. Step inside to find a spacious and functional layout featuring 3 generously sized bedrooms and a finished basement-perfect as an additional bedroom, home office, or recreation space. The primary bedroom has double closets, and a large walk out balcony. Great for morning coffee, or relaxing in the evening looking out at the stars. The home also boasts a private 1 car garage parking space and driveway with additional parking space. The large outdoor back deck, ideal for entertaining or relaxing with family. The updated kitchen includes a new countertop, stainless steel sink, and a built-in dishwasher, offering both style and convenience. Tons of natural light flowsthrough just as you walk in. Location is unbeatable-close to GO Station, public transportation, schools, recreation centre, shopping, places of worship, Scarborough Golf Club, and the stunning Scarborough Bluffs. Nature lovers will also appreciate nearby walking trails and green spaces around Guildwood Park. Perfect for first-time home buyers or those looking to downsize without leaving the city, this home offers comfort, convenience, and exceptional value. Why settle for a condo when you can enjoy more space, privacy, low maintenance fees and a true sense of community?

Listed by RE/MAX WEST 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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