37 Glenthorne Drive
Highland Creek, Toronto
$2,740,000
Bedrooms: 7
Bathrooms: 5
Living Area: 1,100 sqft
Price Per Sqft: $2,490.91
About this Detached
in Highland Creek, Toronto
This extraordinary 32,025 sq ft property (almost acre), offered for the first time since 1981, presents a rare opportunity in prestigious Highland Creek. Enjoy country-like serenity near hiking trails and beaches, with U of T Scarborough, GO Train and Hwy 401 minutes away. This unique estate features 2 homes fronting on separate streets with approx. 5,328 sq ft of finished living space, connected by a beautifully landscaped, fully fenced yard surrounded by evergreens for exceptional privacy.The Bobmar residence is a fire-code-compliant duplex. The upper 1,622 sq ft unit offers 3 bedrooms and 2 baths, ideal for multi-generational living or rental income. The lower 782 sq ft 2-bedroom walk-out unit offers excellent rental potential near U of T Scarborough.Resort-style grounds feature an in-ground pool, illuminated tennis/basketball court that converts to a winter ice rink, 2 hockey nets, in-ground trampoline, sandbox/golf practice bunker, 2 BC Red Cedar cabanas and underground sprinklers.The Glenthorne residence features heated kitchen floors, spa-inspired primary ensuite, fireplaces on the main and upper levels, bright finished basement with full bath and guest area, cedar sunroom, covered porch and 6 skylights. Additional features include a 7,500-watt backup generator, wired/wireless security system and reverse-osmosis water system. The 4th bedroom is currently an office and can easily be converted back. City-approved architectural drawings for a substantial rear addition are available.A truly unique family estate with endless possibilities. Qualified buyers may take advantage of a 2% vendor take-back mortgage for 2 years. Experience this remarkable property in person to appreciate all it has to offer.
Listed by NEW ERA REAL ESTATE.
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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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