53 Milford Haven Drive N
Morningside, Toronto
$949,000
Bedrooms: 3
Bathrooms: 4
Living Area: 700 sqft
Price Per Sqft: $1,355.71
About this Detached
in Morningside, Toronto
A smart financial move for buyers! Live upstairs while the two self-contained basement suiteshave the potential to generate up to $3,500/month in rental income (subject to marketconditions), helping offset a significant portion of your mortgage and making homeownershipmore affordable.Beautifully renovated detached bungalow in a highly desirable, family-friendly Scarboroughneighbourhood! This move-in-ready home features 3 spacious bedrooms on the main floor,hardwood flooring throughout, and a modern kitchen with quartz countertops, pot lights, andstylish finishes. Major updates include a new furnace, new central A/C, and a new roof foradded peace of mind.The professionally finished basement with a separate entrance offers two self-contained suites(2-bedroom + 1-bedroom), providing exceptional flexibility for rental income, extended family,or multi-generational living.Ideally located just minutes from Centennial College, the University of Toronto ScarboroughCampus, Highway 401, TTC, schools, parks, shopping, and everyday amenities. A rare opportunityoffering modern living, outstanding income potential, and exceptional long-term value
Listed by RE/MAX COMMUNITY REALTY INC..
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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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