76 Harewood Avenue
Cliffcrest, Toronto
$729,000
Bedrooms: 2
Bathrooms: 1
Living Area: 700 sqft
Price Per Sqft: $1,041.43
About this Detached
in Cliffcrest, Toronto
Developer/Builder Opportunity in Prime South Cliffcrest; 4-Plex + Garden Suite Potential. Unrivalled prime infill opportunity in highly sought-after South Cliffcrest (South of Kingston Rd). Situated on a deep, sun-filled lot with a long private drive, this property offers incredible versatility for developers, builders, and investors looking to maximize yield. High-Density Potential: Prime candidate for multi-unit redevelopment, ideal for a 4-plex plus an auxiliary/garden suite under current missing-middle planning guidelines (buyer to perform due diligence). Build new multi-family, reconstruct a luxury custom home, or collect steady holding income from the existing, 1.5-storey detached home and unspoiled basement while securing site plans and permits. Steps to Bluffer's Park, Scarborough Bluffs, top-tier schools, TTC transit connections, and Kingston Road retail/amenities. An exceptional redevelopment lot in a high-demand, inventory-scarce pocket. Act fast to secure this premium project site.
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
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| * This material is for informational purposes only. | |||
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