498 Plains Road

East York, Toronto

Open House Jun 13th, 2-4PM
498 Plains Road, East York, Toronto

$899,000


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,284.29


About this Detached

in East York, Toronto

Welcome to 498 Plains Rd, a well-maintained detached bungalow in one of East York's most sought-after family-friendly neighbourhoods. Situated on a beautifully landscaped lot, this charming home features 3 spacious bedrooms on the main floor, an updated bathroom, and a bright, functional layout ideal for families, downsizers, or investors alike. The separate side entrance provides excellent basement rental potential, offering flexibility for multi-generational living, additional living space, or future income opportunities. Outside, pride of ownership is evident with lush front and rear lawns supported by an underground irrigation system, helping keep the property looking its best throughout the season. Located just minutes from excellent schools, parks, shopping, restaurants, community amenities, and convenient public transit, this home offers the perfect balance of neighbourhood charm and urban accessibility.

Listed by JOHNSTON & GREEN REAL ESTATE 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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