78 South Edgely Avenue
Cliffside, Toronto
$950,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $863.64
About this Detached
in Cliffside, Toronto
Welcome to 78 South Edgely Avenue in Scarborough! This spacious two-storey home offers 3+2 bedrooms and a functional layout, making it an excellent choice for families, investors, or buyers looking for additional living space and income potential.The main and upper levels feature three well-sized bedrooms, comfortable living areas, and plenty of natural light. The finished basement offers a separate 2-bedroom apartment with its own private entrance, ideal for extended family, an in-law suite, or potential rental income. The basement may offer approximately $1,800-$2,000 per month in rental income, subject to market conditions and buyer verification.The home is equipped with a 200-amp electrical panel and also offers an outdoor EV charger option, providing added convenience for electric vehicle owners and future-ready functionality.Conveniently located in an established Scarborough neighbourhood close to schools, parks, shopping, public transit, and everyday amenities, this property offers a great combination of comfort, flexibility, and investment potential.A wonderful opportunity to own a versatile home in a convenient Toronto location!
Listed by CENTURY 21 LEADING EDGE REALTY INC..
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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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