48 Redwood Avenue

Coxwell, Toronto

48 Redwood Avenue, Coxwell, Toronto

$1,199,900


Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $1,090.82


About this Detached

in Coxwell, Toronto

Welcome to 48 Redwood Ave, a charming detached brick home nestled in the heart of the East End, just moments from Greenwood Park and the vibrant shops, cafés, and restaurants of Gerrard East & Little India. Set on a desirable 25 x 115 ft lot with a sun filled west facing backyard, this property offers the perfect blend of character, flexibility, and future potential. Thoughtfully updated and move in ready, the home features 3+1 bedrooms, 2 renovated bathrooms, and spacious living areas designed for modern living. The main floor showcases an open concept layout with a stylish kitchen, generous dining space, and two well sized bedrooms with closets and convenient access to a 4 piece bath. Upstairs, the bright and airy loft style level is enhanced by two skylights and offers endless possibilities as a primary retreat, family room, or creative workspace. The finished lower level, accessible from the rear entrance, includes an additional bedroom, updated bathroom, and laundry, ideal for an in law suite, guest space, or extra living area. Outside, the expansive backyard provides ample room for entertaining, gardening, or future expansion. Mutual driveway shared with neighbour to the north, with a long standing agreement allowing each owner parking access on alternating 6 month terms.

Listed by RARE REAL ESTATE.


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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:
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* This material is for informational purposes only.

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