47 Munson Crescent
Bendale, Toronto
$1,018,000
Bedrooms: 3
Bathrooms: 4
Living Area: 1,100 sqft
Price Per Sqft: $925.45
About this Detached
in Bendale, Toronto
This is a well-maintained detached bungalow with a fully legal basement apartment, offering strong flexibility for both families and investors. The main floor features a bright and functional layout with 3 spacious bedrooms and 1.5 bathrooms, designed for comfortable everyday living. Large windows and an open, practical flow bring in plenty of natural light throughout the home. The basement includes a legal 4-bedroom apartment, providing excellent potential rental income or multi-generational living. It is fully equipped with it's own kitchen and separate living space, making it a valuable mortgage helper. Recent upgrades such as a new furnace, new windows, and a tankless water heater (2024) add peace of mind and reduce future maintenance costs. Outside, the property sits on a premium lot with a large backyard, ideal for outdoor activities, gardening, or family gatherings. There is also parking for up to 5 vehicles, which is a strong advantage in the area. Conveniently located close to Scarborough Town Centre, schools, transit, and major amenities, this home offers both lifestyle convenience and investment upside. Overall, this is a trunkey property with strong rental potential, modern upgrades, and a desirable location-ideal for homeowners to offset costs or investors seeking solid cash flow.
Listed by RE/MAX CROSSROADS 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
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| * This material is for informational purposes only. | |||
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