107R Woodfield Road

Coxwell, Toronto

107R Woodfield Road, Coxwell, Toronto

$225,000


Bedrooms: 0

Bathrooms: 0

Living Area: 700 sqft

Price Per Sqft: $321.43


About this Other

in Coxwell, Toronto

Unique, Rare, Incredible opportunity! Legal Address 107R Woodfield Road. This garage is Deeded separately as per legal description. Laneway Housing report attached. Currently a Free Standing Structure - Double Car GARAGE. PERFECT FOR CAR BUFF, STUDIO, GARAGE, WORKSHOP, STORAGE or potential to build. Located at the Corner of A Double Wide Laneway. Currently used by owner as Garage, Solid Structure-updated & rebuilt where needed approx 10 years ago. New Vinyl siding-New Cement floor-New Electrical with New Pole & New Electrical Box-New Spray Insulation-New Roof Shingles -New updated interior (all approx 10 years ago). See attached photos-photos show garage in current condition and previous condition before restoration. NOTE; There is an existing laneway house 2 lots down. Attached laneway report states any new build would require committee of adjustment approval for variances-there is currently no water or sewage connected to this garage. Buyer to do their own Due Diligence.

Listed by RE/MAX HALLMARK REALTY LTD..


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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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