3 Kingsmere Crescent

Scarborough Village, Toronto

3 Kingsmere Crescent, Scarborough Village, Toronto

$974,900


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,392.71


About this Detached

in Scarborough Village, Toronto

Exceptional value in one of Scarborough's established and sought-after neighbourhoods! Nestled on a quiet crescent in Scarborough Village, this extensively renovated bungalow offers turnkey living, incredible flexibility, and built-in income potential.Set on a generous 64 x 140 ft lot, this meticulously maintained home features a bright, welcoming layout designed for comfortable family living. The self-contained lower-level suite with separate entrance provides exceptional versatility for rental income, multi-generational living, extended family, guests, or a private home office.The expansive backyard is a true highlight, offering plenty of room for entertaining, gardening, children's play, or simply enjoying outdoor living. A single-car attached garage plus parking for four vehicles adds everyday convenience.Enjoy your morning coffee on the front porch while the kids walk to school just steps away. Ideally located minutes from the Scarborough Bluffs, GO Station, waterfront trails, parks, schools, shopping, and major transit routes, this home offers the perfect balance of neighbourhood charm and urban accessibility.For buyers seeking a detached home with space, income potential, parking, and a large lot-without the million-dollar-plus price tag-this is an opportunity worth exploring. Renovated, move-in ready, and exceptionally well maintained, this home delivers outstanding value and flexibility in a location with enduring appeal.

Listed by Signature Elite Realty 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


     
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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