2375 Gerrard Street E

Danforth, Toronto

2375 Gerrard Street E, Danforth, Toronto

$949,000


Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $862.73


About this Semi-Detached

in Danforth, Toronto

Turnkey 3-Bedroom Semi in Sought-After Upper Beaches! Welcome home to this beautifully updated semi with modern finishes. An inviting enclosed front porch leads to the living room, which flows into the dining room-perfect for family dinners & entertaining. The spacious eat-in kitchen boasts sleek quartz countertops, contemporary tile backsplash, new cabinets, a gas range, and direct walk-out to a backyard space where people love to gather. Soak up the mature green oasis as you gaze out from your raised deck and stone patio, which also features built-in planters for the avid gardener. This extended outdoor living is truly the star of the show that will make you forget you're in the city.The second floor features 3 bedrooms and a full bathroom; each room with an abundance of natural light. Modern updated design with day-to-day functionality. A newly renovated lower level has a separate side entrance w/ option for an in-law suite or to convert to an apartment. Basement has a 3-pc bathroom, kitchenette and has been previously used as both a rental apartment and a rec room, with options for multigenerational living, a home office, playroom or tenant suite that earns income toward your mortgage; this flex space allows unmatched versatility. Steps to vibrant Kingston Road Village, restaurants, parks, cafes, ravines, the Beach, and the Danforth GO Train-with downtown just an 11-min train ride away. Convenient amenities nearby include Loblaws, Metro, YMCA, Main subway station, LA Fitness, F45 gym and Ted Reeve Arena. Walking distance to Malvern Cl and with a coveted, rare address within the French Immersion catchment for Adam Beck PS. Street parking available.

Listed by FOREST HILL REAL ESTATE 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


     
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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