80 Nelson Street

Woburn, Toronto

80 Nelson Street, Woburn, Toronto

$899,000

Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,284.29

About this Detached

in Woburn, Toronto

One of the rare opportunities to secure a premium 50x100-foot lot in a tranquil Woburn enclave. This meticulously updated 3+3 bedroom bungalow is designed for both modern comfort and maximum rental yield. Recent 2024 upgrades include elegant flooring, stylish kitchen tiling, and a new energy-efficient tank less water heater. 4 car Parking space on the driveway for the landlord and tenant convenience .The newly renovated lower level is a standout feature, offering a private side entrance, three spacious bedrooms, a full kitchen, and a 4-piece bath-all flooded with natural light from large above-grade windows. For the savvy investor, the expansive 50-foot frontage is a "goldmine," perfectly positioned for a detached garden suite or density intensification under Toronto's EHON guidelines.Located just 300m from local schools and minutes from the 401, Kennedy Station, and Scarborough General Hospital, serene trails, Walmart,Cedarbrae Mall etc- the property offers unmatched convenience. With the upcoming Scarborough Subway Extension and Eglinton Crosstown LRT, you are looking at a seamless "one-fare" commute to downtown. This is a rare combination of turnkey living, massive land value, and world-class transit growth.

Listed by EVEREST REALTY LTD..

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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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