22 Falaise Road
West Hill, Toronto
$899,900
Bedrooms: 2
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,285.57
About this Detached
in West Hill, Toronto
Attention First-Time Buyers & Investors alike! Welcome to this charming, turn-key West Hill bungalow nestled on a premium 50ft x 150ft lot. The sun-filled main level boasts a fresh & modern renovated kitchen along with a spacious 2-bedroom layout including stylish finishes throughout - perfect for young families looking to move right in. Downstairs, a separate entrance leads to a great, self-contained basement suite offering incredible rental income potential or an ideal in-law setup. The lower level includes an additional 2 bedrooms, a kitchen, a 3-piece bathroom, and brand-new luxury vinyl flooring. Live upstairs and let your tenant pay a portion of your mortgage, or rent out both levels for a high-yield addition to your investment portfolio! Located in a highly desirable, family-friendly Scarborough pocket close to U of T Scarborough, Centennial College, excellent schools, parks, shopping, TTC, and the GO Station. Truly a rare find with endless potential!
Listed by ENGEL & VOLKERS OAKVILLE.
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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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