16 Elkwood Drive

Centennial Scarborough, Toronto

16 Elkwood Drive, Centennial Scarborough, Toronto

$1,329,900


Bedrooms: 5

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $664.95


About this Detached

in Centennial Scarborough, Toronto

Beautifully Upgraded 5 Bedroom Family Home On A Coveted, Family-Friendly Street In The Highly Sought-After Centennial Community! From The Moment You Walk Through The Door, You'll Be Impressed By The Spacious Layout, Quality Upgrades, And Exceptional Natural Light Throughout. The Oversized Living Room Features Gleaming Hardwood Floors, Crown Moulding, And A Large Picture Window Overlooking The Front Yard. The Upgraded Kitchen Offers Abundant Counter Space And Storage, A Centre Prep Island, Quartz Countertops, Breakfast Bar Seating, Stainless Steel Appliances (Including Gas Stove), And A Timeless White Subway Tile Backsplash. The Adjacent Open Concept Dining Room Is Perfect For Entertaining And Features Hardwood Floors And Elegant Crown Moulding. Oversized Sunken Family Room Ideal For Everyday Living And Entertaining, Complete With Hardwood Floors, Crown Moulding, Skylight, Gas Fireplace, Built-Ins, And A Walk-Out To The Backyard. Convenient Main Floor Powder Room. Upstairs, The Spacious Primary Retreat Includes A Walk-In Closet And Private Ensuite, While Four Additional Generously Sized Bedrooms Offer Hardwood Floors, Large Windows, And Ample Closet Space. The Finished Basement Adds Valuable Living Space With A Large Rec Room, Additional Bedroom, And Dedicated Laundry Room With Laundry Tub. Step Outside To The Huge Fenced Backyard Featuring A Deck, Sprawling Green Space, And Storage Shed - An Ideal Setting For Kids, Pets, And Summer Entertaining. Ideally Situated In A Family-Friendly Scarborough Neighbourhood Just Minutes To TTC & GO Transit, Highway 401, Excellent Schools, Parks, Shopping, Waterfront Trails, & Everyday Amenities For Exceptional Convenience And Connectivity. Nearby Beautiful Port Union Waterfront Park With 3.8 Km Of Continuous Waterfront Trail. A Rare Opportunity To Own A Spacious Turnkey Family Home In An Incredible Neighbourhood!

Listed by ROYAL LEPAGE ESTATE 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:
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* This material is for informational purposes only.

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