363 Strathmore Boulevard

East York, Toronto

363 Strathmore Boulevard, East York, Toronto

$1,299,000


Bedrooms: 4

Bathrooms: 5

Living Area: 1,100 sqft

Price Per Sqft: $1,180.91


About this Detached

in East York, Toronto

Rare single detached home in a prime Danforth location offering incredible flexibility and income potential for both end-users and investors. Live in one unit while generating rental income from the others, or explore the opportunity to convert the property into a triplex setup.This versatile home features separate front and rear entrances providing access to the main and second floors, plus a separate side entrance to the basement - ideal for multi-generational living or future income suites. Each level includes its own kitchen setup for added convenience.The second floor features 3 spacious bedrooms, 2 bathrooms, a kitchenette, and a bright sunroom. The main floor offers a spacious living room with fireplace, a bathroom, and a dining room with potential to convert into an in-law suite. An additional living area provides flexible space perfect for young families, a home office, or visiting parents.The basement features high ceilings, above-grade windows, a large bedroom with 3-piece ensuite, and a spacious laundry/furnace room with additional storage space. Tankless water system installed in 2024.Additional highlights include a mutual drive, private garage, and legal front pad parking.Located in a highly desirable Danforth neighbourhood just steps to TTC, parks, schools, green spaces, restaurants, cafes, and shops - offering the perfect blend of urban convenience and family-friendly living.

Listed by RESIDENTIAL DEVELOPMENT SERVICES 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:
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* This material is for informational purposes only.

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