7 Heyworth Crescent

Danforth, Toronto

7 Heyworth Crescent, Danforth, Toronto

$1,194,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $1,085.45


About this Detached

in Danforth, Toronto

Fantastic opportunity for investors or multi-generational families! This detached home offers two separate living quarters, providing flexibility, privacy, and excellent income potential. Situated on a generous lot with a spacious backyard, this property is ideally located just minutes from downtown Toronto and steps from the waterfront, parks, trails, and the highly sought-after Upper Beaches community. The main level features a bright foyer and spacious living room with large windows that fill the home with natural light. The primary bedroom offers a walkout to a deck, creating the perfect space to enjoy your morning coffee or unwind at the end of the day. The lower level includes a functional kitchen with pot lights, stainless steel sink, and a walkout to the backyard. The adjoining dining area is combined with the kitchen, creating an inviting space for everyday living and entertaining. A spacious bedroom with closet space and convenient ensuite bath completes this level. Upstairs, you'll find a separate living area highlighted by a vaulted ceiling and large windows. The bright kitchen features a walkout to a private balcony, while the bedroom offers ample closet space and natural light. With separate living spaces, a desirable location close to transit, waterfront amenities, and downtown Toronto, this property presents an exceptional opportunity for investors, first-time buyers looking for mortgage assistance, or families seeking versatile living arrangements.

Listed by RE/MAX Rouge River 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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