55 Shepmore Terrace

Malvern, Toronto

Open House Jun 20th - 21st, 2-4PM
55 Shepmore Terrace, Malvern, Toronto

$799,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $726.36


About this Detached

in Malvern, Toronto

Welcome to this beautifully updated 2-storey detached home in the heart of Malvern! Perfect for first-time buyers or growing families, this property offers a rare double driveway and is ideally situated just minutes from TTC, Highway 401, and Scarborough Town Centre. Fully renovated in 2021, this home features new flooring throughout, modern pot lights, and a bright open-concept layout. The stylish kitchen is equipped with quartz countertops and offers a walk-out to a large covered deck-perfect for entertaining-overlooking a spacious backyard with a scenic view. Upstairs, the primary bedroom includes a convenient 4-piece semi-ensuite. The finished basement adds excellent living space with a large, bright recreation room, pot lights, a 3-piece bathroom, and ample storage. Located within walking distance to schools, parks, tennis courts, and grocery stores, this home blends comfort, convenience, and value in one of Toronto's most accessible neighbourhoods.

Listed by REALTY 21 INC..


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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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