95 Gainsborough Road

Woodbine Corridor, Toronto

95 Gainsborough Road, Woodbine Corridor, Toronto

$998,000

Bedrooms: 0

Bathrooms: 0

About this Land

in Woodbine Corridor, Toronto

Seller has provided the following update regarding the development status of the property. The municipal approval process was initiated over a year ago and has successfully progressed through the rigorous stages of city review, community guidelines compliance, and engineering checks. The application is now entering the final stage of approval. The submitted plans outline a highly optimized multi-generational or income-generating layout, featuring a spacious 2,900-square-foot of finished area of the main residence (4 bedrooms / 3.5 bathrooms) alongside a detached 1,200-square-foot Garden Suite (2-3 bedrooms). While the verbal approval of the main residence has been obtained, however the approval of the garden suite is in final stage of its approval that is expected to be granted sooner. This design maximizes the property's density.

Listed by DISCOVER REAL ESTATE INC..

Share
Photo 0 at 95 Gainsborough Road, Woodbine Corridor, Toronto

Photo 0

Photo 1 at 95 Gainsborough Road, Woodbine Corridor, Toronto

Photo 1

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.

Request A Showing Or Find Out More 

Have a question or interested in this property? Send us a message!

inquire