14 Logstone Crescent

Morningside, Toronto

14 Logstone Crescent, Morningside, Toronto

$1,099,900


Bedrooms: 4

Bathrooms: 2

Living Area: 2,000 sqft

Price Per Sqft: $549.95


About this Detached

in Morningside, Toronto

One of the largest backsplits, boasting 2092 sq ft above grade + high-potential full basement! Rare income & upsizing opportunity in sought-after Seven Oaks! Perfect for growing families, multi-generational living, or savvy investors seeking maximum cash flow. Set on a premium, beautifully manicured 56 ft x 132 ft lot, this expansive 4-level backsplit features a highly practical layout flooded with natural light from large windows. The main level offers a spacious foyer, oversized living and dining rooms, and a family-sized kitchen with a breakfast area. Upstairs holds four generous bedrooms, highlighted by an exceptionally large main bathroom with layout potential for a spa-style luxury retreat. The lower level features a massive 24 ft x 13 ft family room with sliding door walk/out. A dedicated side entrance easily supports a secondary income suite or in-law setup with minimal conversion costs. Original hardwood flooring sits preserved under most existing broadloom-offering a seamless, high-ROI modern upgrade. Complete with an attached double-car garage, double driveway, and a charming covered front porch, this package is an absolute rarity for the neighbourhood. Unbeatable location minutes to U of T Scarborough, Centennial College, Pan Am Sports Centre, SHN Centenary Hospital, TTC, and Hwy 401. Don't miss out-schedule your viewing today!

Listed by ROYAL LEPAGE SIGNATURE 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:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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