22 Lingarde Drive
Maryvale, Toronto
$999,000
Bedrooms: 3
Bathrooms: 4
Living Area: 1,100 sqft
Price Per Sqft: $908.18
About this Detached
in Maryvale, Toronto
Welcome to 22 Lingarde Dr, Scarborough, a beautifully refreshed detached bungalow in the highly desirable Wexford-Maryvale neighbourhood - offering comfort for families and exceptional income potential for investors. This bright, move-in-ready home features brand new flooring throughout, fresh professional paint, and a newly finished driveway that enhances its curb appeal. The main level showcases an inviting open-concept layout with a built-in island, quartz countertops, and mosaic backsplash, flowing seamlessly to a walk-out deck and private backyard - perfect for everyday living, entertaining, and summer gatherings. What truly sets this property apart is the rare income opportunity with Two self-contained basement units, Three kitchens, Two separate laundry rooms, Ideal for multi-generational living or strong consistent rental cash flow. Located in a high-demand Scarborough rental pocket, this home offers unmatched convenience. You are within walking distance to the Eglinton Crosstown LRT, neighbourhood schools, parks, grocery stores, and everyday amenities. Just minutes to Lawrence Avenue East, Warden Avenue, Highway 401, and convenient access to the Toronto Transit Commission (TTC). Close proximity to Centennial College further strengthens the property's rental appeal. Whether you're a homeowner seeking mortgage-helping income or an investor looking for a high-yield property in a proven location, this home delivers unmatched versatility, location advantage, and value. A rare opportunity you don't want to miss.
Listed by RIGHT AT HOME 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
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| * This material is for informational purposes only. | |||
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