71 South Bonnington Avenue
Cliffside, Toronto
$1,293,000
Bedrooms: 4
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $862.00
About this Triplex
in Cliffside, Toronto
Welcome to 71 South Bonnington Ave in the sought-after Birch Cliff/Cliffside community, this beautifully renovated 2-storey home offers a rare opportunity w 3 self-contained living spaces, exceptional flexibility for extended families, investors, or live in one with additional living spaces offering excellent income potential to help offset mortgage costs.. Each unit features modern finishes, renovated kitchens & stylish bathrooms, all freshly painted & move-in ready. The 2-bed upper-level suite is a true showstopper, featuring 9ft ceiling height, a spectacular chef-inspired kitchen w/oversized island, high-end finishes, and a seamless open-concept flow into a warm & welcoming living area. The main floor continues the impressive design with a spacious 2 bed layout, a family-sized kitchen, and walkout to a private backyard oasis w/in-ground pool. The fully renovated lower level offers a comfortable 1-bed + 1 den suite with multiple windows, including a large egress window, providing excellent natural light & added flexibility. Set on a beautifully landscaped corner lot, the home enjoys a peaceful setting, w/window views framed by mature trees & a calm streetscape, creating a sense of openness, quiet & privacy. It features a fully fenced backyard, inground pool & a private driveway w/parking for 4 cars. Upgrades including most windows, furnace, roof & more. Located just steps to schools, GO station, grocery stores, parks, a playground, baseball diamonds, & community centre w/pool & skating rink, this family-friendly location offers everything within easy reach, convenient access to transit, the Beaches, & downtown TO. Don't miss out on this rare turnkey opportunity offering space & flexibility. Live in one unit in this great family-friendly neighbourhood and supplement your mrtge costs with approx$45,000/ yr in income for the 2 units!
Listed by ROYAL LEPAGE SIGNATURE 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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