162 Merkley Square
Morningside, Toronto
$850,000
Bedrooms: 3
Bathrooms: 2
Living Area: 1,500 sqft
Price Per Sqft: $566.67
About this Detached
in Morningside, Toronto
Location, location, location! Welcome to this spacious four-level backsplit nestled in an established Scarborough neighbourhood, offering plenty of room to make it your own. Ideally situated just minutes from parks, schools, tennis courts, a dog park, public transit, the hospital, Highway 401, and everyday amenities, everything you need is within easy reach.Step inside to a bright and inviting main level featuring an open-concept living and dining area with hardwood flooring and a large front window filling the space with natural light. The updated kitchen features ample cabinetry and counter space, creating a functional setting for everyday living. With four levels of living space, there's plenty of flexibility whether you're entertaining, working from home, accommodating a growing family, or simply looking for room to spread out.Upstairs, you'll find two generously sized bedrooms and a renovated bathroom. The lower level features a spacious family room and additional bedroom, while the finished basement includes another living area and bedroom, providing even more versatility to suit your needs. Freshly painted throughout, the home provides a bright, neutral backdrop ready for its next owners to add their own personal style.Outside, enjoy a newly fenced backyard with plenty of privacy and space to entertain or relax, along with an existing in-ground pool with the potential to create your own private summer retreat. Complete with a one-car garage and a location that keeps you connected to everything the GTA has to offer, this home is ready for its next chapter in a well-connected Scarborough neighbourhood. ** Pool photo is virtually altered.
Listed by Keller Williams Energy Real Estate.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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