183 Glebemount Avenue

East York, Toronto

183 Glebemount Avenue, East York, Toronto

$698,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $997.14


About this Duplex

in East York, Toronto

2-bedroom, 2-bath home offering the perfect balance of family comfort and investment potential. Nestled on a quiet, amazing street in East York, this cozy detached home offers both immediate livability and significant new built potential. With two bedrooms on the main level, the property works well for a small household, downsizer, or investor. But the real value is in the lot size and layout - providing a rare opportunity to rebuild or construct a custom home with a legal basement unit (approved by committee of adjustment) Permits are ready for your new projects of Modern home with above ground legal basement unit. Currently a separate entrance provides flexible space for guests, a home office, or rental income potential. Located on a quiet, family-friendly street close to parks, schools, transit, and the vibrant shops and restaurants of the Danforth-this move-in-ready home is a smart choice for families and investors alike.

Listed by RE/MAX ACE 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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