40 Holmcrest Trail

Centennial Scarborough, Toronto

40 Holmcrest Trail, Centennial Scarborough, Toronto

$1,350,000


Bedrooms: 4

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $675.00


About this Detached

in Centennial Scarborough, Toronto

Tucked away on a prestigious, tree-lined street backing onto a pristine ravine, this multi-generational paradise offers an in-ground pool, nature at your doorstep, and true cottage-country tranquility-right in the city! Loved and meticulously maintained by the same owners for over 40 years, this deceptively spacious 5-level backsplit sits on a private, sun-drenched pie-shaped lot. Inside, enjoy 4 bedrooms and 3 upgraded bathrooms, including a primary suite overlooking the backyard and forest with its own private ensuite. The ground floor features formal living and dining rooms, a large eat-in kitchen with a garden window, a cozy family room with a wood fireplace, and a flexible 4th bedroom next to an updated 3-piece bath-perfect for guests, extended family, or a home office. Further down, the lower level offers direct walk-up access to the yard, bright above-grade windows, a cold cellar, and massive storage. The lowest level includes a dedicated workshop with 3 large above-grade windows. Step outside into your private backyard oasis backing onto the ravine stretching toward Lake Ontario. Host summer gatherings around the in-ground pool, stone patio, and perennial gardens. A fully fenced side lawn keeps kids and pets safe, with direct side-door access right next to the laundry room and ground-floor bath. On the opposite side, a dedicated parking pad with a double-gate entry gives you secure, out-of-sight space for your boat, trailer, or other toys! Located in Centennial/West Rouge-Toronto's only high-rise-free neighbourhood, surrounded by water on 3 sides-you're supported by the active CCRA (local community association), keeping residents connected and informed for over 75 years! Steps to Lake Ontario, top-rated schools, nature trails, U of T Scarborough, Rouge Hill GO, Kingston Rd, and Hwy 401.

Listed by ROYAL LEPAGE SIGNATURE 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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
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* This material is for informational purposes only.

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