7 Arundel Avenue

Danforth, Toronto

7 Arundel Avenue, Danforth, Toronto

$1,280,000


Bedrooms: 3

Bathrooms: 2

Living Area: 1,500 sqft

Price Per Sqft: $853.33


About this Detached

in Danforth, Toronto

Charming detached 2-storey home in the highly sought-after Playter Estates-Danforth community! Situated on a deep 17.75 x 140 ft lot, this character-filled residence features 3 bedrooms, 2 bathrooms, hardwood floors, wood trim, a cozy fireplace, and a finished basement with separate entrance. Detached 2-car garage plus additional parking for 2 vehicles. Exceptional location just steps to parks, schools, transit, and the vibrant Danforth. A fantastic opportunity to renovate, personalize, or invest in one of Toronto's most desirable neighbourhoods. Close to subway, shops, restaurants, and all urban conveniences. Don't miss this rare opportunity! Buyer and Buyer's Agent to verify all measurements, taxes, lot dimensions, and property details. Property is being sold in "as is, where is" condition, with no representations, warranties, or guarantees by the Seller. Lockbox is located at the rear of the property. Please enter through the back entrance. Access the backyard by walking along the right-hand side of the property.

Listed by RE/MAX EXCELLENCE REAL ESTATE.


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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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