124 Scarboro Crescent
Cliffcrest, Toronto
$2,200,000
Bedrooms: 5
Bathrooms: 7
Living Area: 3,500 sqft
Price Per Sqft: $628.57
About this Detached
in Cliffcrest, Toronto
Welcome To This Exceptional & RARE Ravine Lot In The Heart Of The Scarborough Bluffs Community! Situated On A 60ft X 250ft Lot. This Home Offers Endless Possibilities For Investors, Multi-Generational Living Or Conversion Back To Single Family Hm, W/ 6 Beds, 4 Baths & 2 Family Rm's. Surrounded by nature, enjoy a private backyard oasis with deer and serene ravine views. Reno In 2016, This Unique Hm Offers 3 Well-Appointed Suites + A Bsmt Apartment. Each Suite w/ its own Laundry & W/O To Deck/Yard, Offering Privacy & Comfort. The Hm Also has 200 Amp Electrical Service. Spacious Main Flr Suite Features A Functional Layout With a Living, Dining & Family Rm, Eat-In Kitchen, 3-Pc Bath & a Generous Primary Bedrm With Wall-To-Wall Closets. Can open up To Make A Large Open Concept Kitchen And Family Rm with Wonderful Views Of The Garden. The 2nd Flr Features 2 Bright & Airey Suites, Each w/ a Walk-Out To a Large Deck & Ravine-Backed Yard. Both Units Include Living & Dining Areas, Eat-In Kitchen, 2 Bedrms & 2 Bathrms, Enhanced W Engineered Maple Flooring, Vaulted Ceilings & Large Skylights. The 2nd Flr Also Has Its Own Washer & Dryer For Added Convenience. Open Concept Bsmt Suite Provides a Comfortable 1 Bed Layout w a Living, Dining & Kitchen Area, Its Own Washer/Dryer & a 3-Piece Bathrm W/ a Glass Shower. The Attached Garage & Ample Parking Make This Property Ideal For Both Families And Investors. Located In The Highly Regarded Chine Drive School District & Just Minutes From The Bluffs, Beaches, Lake Ontario, And Scenic Trails Including; Scarborough Heights Waterfront Trail, Gates Gully, And Doris McCarthy Trail. This Hm Blends Comfort, Funtionality & Convenience, A Truly Unique Opportunity For Comfortable Living While Generating Income To Offset Your Mortgage, Configured For Multi-Generational Living, Offering Family/Friends The Comfort Of Separate Private Suites While Sharing One Exceptional Hm. A Rare Opportunity With Strong Long-Term Value & Versatile Living Potential!
Listed by MCCANN REALTY GROUP LTD..
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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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