102 Magnolia Avenue

Kennedy Park, Toronto

102 Magnolia Avenue, Kennedy Park, Toronto

$1,049,900

Bedrooms: 4

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $699.93

About this Detached

in Kennedy Park, Toronto

Top to bottom renovated 4+2 Bedrooms Detached large(1814 Squire feet as per MPAC) two-story home is located on a quiet street in the sought-after Kennedy Park community. Recently renovated both Kitchens, All 4 washrooms, new engineered hardwood floor, new ceramic floor on the main floor hallway, both kitchens and all washrooms. Newly painted all over, all windows are new. New garage door with remote control opener. This is Set on a 30' x 109' feet lot, this 1,814 sq ft above grade property offers a spacious main floor with generous principal rooms including a large eat-in kitchen (possible to make another bedroom for elderly use), and separate living and dining areas. The upper level features four bedrooms with closes in each room . An attached single-car garage adds to the home's functionality. Ideally located just steps to TTC, within walking distance to Scarborough GO Station, and minutes to Kennedy Subway Station. Close to schools, parks, trails, and shopping, this is a strong value-add opportunity in a well-connected neighbourhood.

Listed by REALTY 21 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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