2026 - 100 Mornelle Court
Morningside, Toronto
$425,000
Bedrooms: 2
Bathrooms: 2
Living Area: 1,200 sqft
Price Per Sqft: $354.17
About this Condo
in Morningside, Toronto
Fantastic opportunity for first-time home buyers, investors, or those looking to downsize! This well-maintained 2-storey condo offers 2 spacious bedrooms plus a versatile den large enough for a bedroom, 2 bathrooms, and a bright, functional layout designed for comfortable everyday living. Enjoy a large kitchen with ample cabinet and counter space, an open-concept living and dining area, and a spacious primary bedroom complete with its own ensuite bathroom. The den provides the flexibility for a home office, study area, or additional living space. Ideally situated close to the University of Toronto Scarborough, Centennial College, public transit, Highway 401, parks, schools, shopping, Scarborough Health Network, and everyday amenities. An excellent opportunity for both end users and investors seeking strong rental potential in a convenient, high-demand neighbourhood.
Listed by RE/MAX METROPOLIS 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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