8 Lombardy Crescent
Kennedy Park, Toronto
$920,000
Bedrooms: 3
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,314.29
About this Detached
in Kennedy Park, Toronto
Welcome to 8 Lombardy Cres. - a beautifully renovated and completely move-in ready 3+1 bedroom bungalow offering the perfect combination of style, comfort, and versatility. Situated on a desirable 40 x 125 ft lot, this thoughtfully updated home is ideal for families, downsizers, or buyers looking for additional income potential.The fully renovated main floor features a stunning brand new kitchen with modern cabinetry, new counters, and all-new appliances. Fresh flooring, updated doors, trim, and paint throughout create a bright, clean, and contemporary atmosphere from the moment you enter.Major mechanical updates provide long-term peace of mind, including a furnace (2024), air conditioner (2023), and roof (2019). The home also features 100 amp electrical service, an owned hot water tank, and a transferable mechanical systems warranty valid through 2032.The separate 1-bedroom in-law suite offers exceptional flexibility - perfect for extended family, guests, or potential rental income. Additional space is available to add convenient main floor laundry if desired.Outside, enjoy a rare double car garage, private parking, and a spacious backyard with endless possibilities for entertaining, gardening, or relaxing.Turnkey, updated, and filled with value, this is a home that truly stands out in today's market.
Listed by SAGE REAL ESTATE LIMITED.
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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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