5 1/2 Luttrell Avenue

Danforth, Toronto

5 1/2 Luttrell Avenue, Danforth, Toronto

$895,000


Bedrooms: 2

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $1,278.57


About this Semi-Detached

in Danforth, Toronto

Renovated top to bottom, with rear laneway parking for one car and potential for a laneway house down the road - the kind of upside that's hard to find this close to the Danforth. Inside, the only thing on your to-do list is picking a paint colour you probably won't need.The enclosed front porch is a reading nook / drop zone / "let the groceries sit for a sec" room. Past it, open living and dining with pot lights throughout, gleaming floors and an open staircase. The kitchen was built for someone who actually cooks, or wants to learn how: quartz counters, an island with a breakfast bar and feature hood range, stainless appliances, and two skylights that keep the whole space sunlit. Sliding glass doors lead to the deck and a private backyard. Upstairs are two generous bedrooms with closets and a fully renovated 3-piece bath. The finished basement flexes as a home office, playroom, guest room or movie den, with laundry tucked in. The expensive stuff is already handled - heat pump with A/C, roof, skylights and main sewer line all recently done. The heat pump means no gas bill and lower operating costs year-round. Steps to the Danforth's coffee, shops and restaurants, and a short walk to the Bloor-Danforth line.

Listed by RIGHT AT HOME REALTY.


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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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