388 O'Connor Drive

East York, Toronto

388 O'Connor Drive, East York, Toronto

$899,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,284.29


About this Detached

in East York, Toronto

Welcome to 388 O'Connor Drive - a beautifully updated classic all-brick bungalow in the sought-after Four Oaks Gate community. Nestled up against Four Oaks Gate Park and community green space, this home offers the perfect blend of family living, convenience, and investment potential. Enjoy your morning coffee on the charming front porch. Stroll throught the park just next door while taking in the vibrant neighbourhood atmosphere where kids play, pets roam with their owners, and neighbours connect. Inside, the spacious sun-filled living and dining area creates a warm and inviting space for everyday living and entertaining. The renovated kitchen, freshly paint throughout, updated flooring, and refreshed bathrooms make this home truly move-in ready.The lower level offers exceptional flexibility with two separate entrances, generous living space, new floors, and a renovated 3-piece bathroom - ideal for extended family, multi-generational living, a nanny suite, or income potential with a close-to-rent setup. Families will appreciate access to excellent local schools including Diefenbaker Elementary and Cosburn Middle School. Commuters will love the unbeatable convenience with TTC transit at your doorstep, easy connections to the subway, plus quick access to the Don Valley Parkway for effortless travel in and out of the city.Whether you're searching for a welcoming family home, a smart investment property, or a flexible living arrangement with income potential, this special property offers endless opportunity in one of East York's most connected and community-focused neighbourhoods. Don't miss your chance to own this exceptional home in desirable Four Oaks Gate.

Listed by ROYAL LEPAGE SIGNATURE SUSAN GUCCI 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


     
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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