950 McCowan Road

Bendale, Toronto

950 McCowan Road, Bendale, Toronto

$979,000


Bedrooms: 3

Bathrooms: 3

Living Area: 700 sqft

Price Per Sqft: $1,398.57


About this Detached

in Bendale, Toronto

Well-maintained and spacious 3+2 bedroom detached bungalow located in a prime, sought-after neighbourhood in Scarborough. The main floor features an open-concept living and dining area that flows into a stunning upgraded kitchen with quartz countertops and stainless steel appliances. A renovated modern 5-piece bathroom completes the main level. The home also offers an upgraded 200-amp electrical panel and a finished 2-bedroom basement apartment with a separate entrance, providing excellent income potential to help offset your mortgage. Conveniently located close to all amenities: minutes to Scarborough Town Centre and Hwy 401, and just steps to transit, schools, hospital, library, shopping, parks, places of worship, and the upcoming LRT.

Listed by RE/MAX REALTRON 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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