56 Leuty Avenue

The Beaches, Toronto

56 Leuty Avenue, The Beaches, Toronto

$2,499,000


Bedrooms: 4

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $1,249.50


About this Duplex

in The Beaches, Toronto

Dream home steps to the beach on a rarely offered 32.5 ft wide lot on one of the most prestigious streets in the Beaches one block east of Kew Gardens.Detached 2 & 1/2 storey, 2 X 2 bedrooms units. Front yard parking/mutual drive. Williamson Rd Junior school district.This home represents the best of elegant beach living. Wake up and enjoy a morning coffee on your east facing circular pillared veranda before you take a few steps to the boardwalk for a morning stroll or scenic bike ride. This home has been tastefully converted to a legal Duplex with separate Hydro meters. This would help a co-purchasing or income generating opportunity or easily convert back to a grand single-family home. The main floor is a two-bedroom unit with Chefs kitchen, and walk out to the back deck and garden. The 2nd & 3rd floor is a two storey, two-bedroom suite with an oversized west facing sundeck. Radiant heating and A/C split wall units. Two wood burning fireplaces (primary and second floor). Hardwood floors throughout.Steps from the historic Leuty lifeguard tower, the idyllic Kew Gardens, Beaches library, lawn bowling, Paddle board and kayak rentals, basketball court, baseball diamond, gazebo for intimate theatre productions, ice rink, tennis courts, playground, ice cream parlor and snack bar. Close walk to the best of dining, shops and entertainment on Queen Street. Home is virtually staged.

Listed by REAL ESTATE HOMEWARD.


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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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