278 Chine Drive

Cliffcrest, Toronto

278 Chine Drive, Cliffcrest, Toronto

$870,000


Bedrooms: 3

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $1,242.86


About this Detached

in Cliffcrest, Toronto

Opportunity knocks in one of Scarborough's most desirable and rapidly appreciating neighbourhoods. Nestled in the heart of Cliffcrest, this renovated bungalow offers the perfect combination of location, lifestyle, and future potential - just minutes from the Scarborough Bluffs, waterfront trails, GO Transit, parks, schools, shopping, and everyday conveniences. This is a location that continues to attract strong demand year after year. Set on a generous 45 x 112 ft lot with parking for four cars, the home has been thoughtfully updated and is completely move-in ready. Inside, a bright open-concept living and dining area is complemented by hardwood floors, large windows, and a modern kitchen featuring quartz countertops, and ample workspace. Three well-sized bedrooms provide comfortable family living, including a rear bedroom with walkout access to the deck and backyard. The large, fenced backyard offers plenty of room to entertain, garden, expand, or simply enjoy private outdoor living. Cliffcrest remains one of Toronto's best-kept secrets - a mature, family-oriented community where tree-lined streets, proximity to the lake, and excellent transit connections create a lifestyle that's increasingly difficult to find at this price point. Move-in ready today, full of possibilities for tomorrow, and located in a neighbourhood that buyers consistently seek out - this is the kind of opportunity that doesn't stay available for long.

Listed by Signature Elite 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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