202 Virginia Avenue
Lumsden, Toronto
$949,900
Bedrooms: 2
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,357.00
About this Detached
in Lumsden, Toronto
Welcome To 202 Virginia Avenue, Tucked Away On A Private Drive In The Heart Of East York. This Well-cared-for Home Offers Outstanding Versatility And Value, With Numerous Updates Completed Over The Years, Including Windows, Roof, Electrical, And Plumbing. The Bright And Inviting Main Floor Features Two Spacious Bedrooms, While A Separate Entrance Leads To A Self-contained In-law Suite With An Additional Bedroom-perfect For Extended Family, Guests, Or Potential Rental Income. Adding To Its Appeal Is A Detached Garage And A Premium-sized Lot That Presents Endless Possibilities For Future Expansion, Renovation, Or Redevelopment. Whether You're A First-time Buyer, Investor, Or Looking To Create Your Dream Home, This Move-in-ready Property Offers Exceptional Potential In One Of Toronto's Most Sought-after Neighbourhoods. Ideally Located Within Walking Distance To Transit, Schools, Parks, Shopping, And Everyday Amenities, This Is A Rare Opportunity To Enjoy Comfortable Living Today While Securing Future Upside In A Thriving East York Community.
Listed by ROYAL LEPAGE URBAN 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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| * This material is for informational purposes only. | |||
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