89 Frater Avenue

East York, Toronto

Open House Jun 20th - 21st, 2-4PM
89 Frater Avenue, East York, Toronto

$899,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,284.29


About this Semi-Detached

in East York, Toronto

Attention first-time buyers! Forget the expense of maintenance fees and the headache of renovating. Here is your chance to purchase a stylish, open-concept, turnkey residence with parking along the subway line! This delightful 2-bedroom, 2 full bathroom semi-detached brick home offers the enviable convenience of legal front pad parking and is located within the desirable RH McGregor school catchment. Thoughtfully updated throughout with thousands spent on renovations, the bright kitchen features refaced cabinetry, elegant marble countertops and backsplash, and new stainless steel appliances, while the stylishly renovated bathrooms add a contemporary touch. Both bedrooms offer generous double closets, allowing ample storage rarely found in homes of this size. Hardwood floors provide the perfect opportunity to enjoy as-is or sand and stain to add your own personal touch. A finished lower level with newer carpets greatly increases the useable square footage and storage space. Large glass sliding doors flood the kitchen with natural light and create a seamless transition to a sun-drenched deck - perfect for BBQing. Step down to enjoy a private, south-facing backyard retreat complete with a grassy lawn and level flower beds - ideal for gardeners, outdoor entertaining, or playing with family. Major upgrades provide peace of mind, including a new roof, new air conditioner, spray foam insulation, and backwater valve. Legal front pad parking means no battling for a spot on the street, or navigating a tight mutual drive only to park in your backyard. Situated just moments from the subway, parks, schools, Danforth shopping, Michael Garron Hospital, East York Civic Centre and all the amenities that make East York such a beloved community, this move-in-ready home is an exceptional opportunity for first-time buyers and anyone seeking the perfect balance of style, comfort, and convenience.

Listed by CHESTNUT PARK REAL ESTATE LIMITED.


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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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