59 Kelsonia Avenue

Cliffcrest, Toronto

59 Kelsonia Avenue, Cliffcrest, Toronto

$1,130,000

Bedrooms: 4

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $1,027.27

About this Detached

in Cliffcrest, Toronto

New Home BUILDING PERMIT ready for a 4 Bed 5 bath TWO-UNIT house. 4000 SFT + 1800 Basement. Exceptional opportunity for builder, renovator or investors and also for the people ready to build their dream home at the most desirable CLIFFCREST community. House is located in top ranked RH King School zone and Chine Drive and on the south side of Kingston. Premium 50feetX125feet lot. Currently the house is livable condition and is getting $4,600/month rental income. The tenant is flexible and can either stay or leave, which may be especially useful for someone planning a future build. Walking distance to the breathtaking scarborough bluff, few steps to TTC and minutes to GO Train Station.

Listed by RIGHT AT HOME 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

     
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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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