259 Torrens Avenue

East York, Toronto

259 Torrens Avenue, East York, Toronto

$1,240,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $826.67


About this Detached

in East York, Toronto

Welcome to 259 Torrens Avenue! This fully detached 3-bedroom, 2 1/2 bath home offers the perfect blend of modern luxury & unbeatable east-end convenience. Extensively renovated with a a thoughtfully designed main floor addition maximizing space & natural light, a gorgeous, updated kitchen, including the ultimate & rarely available convenience of a main floor powder room and a fully dug-down finished basement with incredible ceiling height, providing a spacious, versatile recreation or living area. This home is designed for modern family living & is completely move-in ready. The backyard offers a low maintenance artificial turf, gas line for bbq, oversized storage shed & parking for up to 3 cars. The large enclosed front porch provides additional space. Torrens Ave is situated in a vibrant, walkable pocket of Old East York that strikes a perfect balance between quiet residential charm & urban convenience. Just steps from the vibrant amenities of Pape Village, Donlands & the Danforth with its incredible array of restaurants, patios, boutique shopping, local bakeries, cafes, & conveniences. This pocket is known for being very family-oriented & falls within the catchments of well-regarded local schools, including William Burgess Elementary, Westwood Middle & Chester Elementary. Nearby local parks like Dieppe Park & the East York Community Centre provide excellent recreational options, including splash pads, sports fields & ice rinks. You are steps from the Broadview & Cosburn bus routes, taking you straight to Broadview or Pape subway stations in minutes. The neighbourhood will also benefit from the upcoming Ontario Subway Line. Exceptionally commuter-friendly for drivers, you have fast access to the DVP via the Bayview or Don Mills on-ramps, making trips to Downtown or the 401 seamless.

Listed by ROYAL LEPAGE SIGNATURE 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:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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