43 Ridgemoor Avenue
Cliffside, Toronto
$999,999
Bedrooms: 3
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $666.67
About this Detached
in Cliffside, Toronto
Exceptional detached multi-unit investment property on a premium corner lot in one of Scarborough's most desirable neighbourhoods along the evolving Kingston Road corridor. Owner and tenant occupied, this versatile property offers immediate income potential, flexible living arrangements, and strong long-term upside for investors or end-users.Ideally located within walking distance to Lake Ontario and minutes from the Scarborough Bluffs, parks, trails, schools, transit, shopping, and restaurants. The main residence features a spacious 3-bedroom layout, bright enclosed front porch, and versatile attic loft with skylight. The lower level includes two self-contained basement units, each with separate entrances, providing excellent rental income opportunities.Additional features include four separate entrances, an energy-efficient heat pump with natural gas backup furnace, hardwood and ceramic flooring, granite countertops, two fireplaces, and a full appliance package. The fully fenced and landscaped yard includes mature trees, gardens, fruit trees, an attached garage, and two additional parking spaces.A rare opportunity to own a versatile income-producing property in a high-demand Scarborough location with strong growth potential.
Listed by EXP 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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