840 Sammon Avenue

East York, Toronto

840 Sammon Avenue, East York, Toronto

$799,000


Bedrooms: 2

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $1,141.43


About this Detached

in East York, Toronto

Welcome to this Danforth Village gem-a solid 2+2 bedroom bungalow offering comfort, flexibility, and outstanding potential in one of the city's most convenient east-end locations. Just steps to the Shops of the Danforth, Woodbine subway, and Taylor Creek Park-with an easy bike ride to The Beach-this is a location that truly delivers on lifestyle. Inside, the main floor is warm, inviting, and well cared for, featuring two bedrooms and a space that has been thoughtfully decorated to feel bright and comfortable. It's the kind of home that feels easy to settle into, with a practical layout that works well for everyday living.The basement with it's separate entrance, offers additional space with two bedrooms and is already framed and insulated, providing a great starting point for future improvements. Whether you're looking to create an in-law suite, add more functional living space, or customize it over time, the groundwork is already in place-just bring your ideas and finishing touches.Currently tenanted by someone who takes pride in the home and enjoys decorating, there may also be an opportunity for a buyer to keep a reliable tenant in place. A great option for buyers looking to get into a fantastic neighbourhood with room to grow, add value, and make it their own.

Listed by ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY.


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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:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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