741 Milverton Boulevard

Lumsden, Toronto

741 Milverton Boulevard, Lumsden, Toronto

$899,000


Bedrooms: 1

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,284.29


About this Detached

in Lumsden, Toronto

Charming renovated detached bungalow on a 20 x 87 ft lot in desirable Woodbine-Lumsden, East York, a short walk to Woodbine subway station for an easy ride downtown and across the city, and close to Danforth shops, parks, schools, the Beach and key routes including the DVP and Gardiner/QEW. Thoughtfully updated with engineered bamboo flooring, crystal light fixtures, potlights, and a bright living space, this home features a chef's kitchen with granite counters and backsplash, stainless steel appliances including Bertazzoni Italian gas range, double stainless steel sink and walk-out to the backyard deck. Extensive 2018 improvements include central air conditioning, electrical panel, roof, doors, front and back decks, baseboards, trim/mouldings, front patio enclosure, carport and a sump pump for added peace of mind - creating extra comfort, efficiency and additional covered outdoor and storage space. Washer and dryer replaced in 2019. Custom finished basement in 2020 with fresh laminate flooring, two flexible bedrooms or bedroom plus family room, a 3-piece ensuite and convenient laundry, ideal for guests, work-from-home or future income potential (where permitted). Private lane access with parking for two cars, with flexibility to add more spaces if desired. Move in and enjoy now, with the flexibility to add a storey or explore future redevelopment.

Listed by MODERN SOLUTION 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


     
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.

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