248 Westwood Avenue

East York, Toronto

248 Westwood Avenue, East York, Toronto

$879,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,255.71


About this Detached

in East York, Toronto

Welcome To 248 Westwood Avenue, Ideally Located In A Prime Area of Danforth Village On One Of East York's Most Desirable Streets. Set On A 25-By-110-Foot Lot With A Detached Single-Car Garage, This Classic Bungalow Has Remained In The Same Family For All Of Its 85 Years And Is Now Ready For A New Chapter. It Offers Outstanding Potential For First-Time Buyers, Renovators, Contractors, And Skilled Handypersons In A Neighbourhood Known For High-End Renovations, Second Story Additions And New Builds. At 888 Square Feet, It Is One Of The Area's Largest Original Bungalow Layouts. The Main Floor Features Spacious Open-Concept Living And Dining Areas, An Updated Eat-In Kitchen, Two Bedrooms (Including The Primary Bedroom With A Walkout To The Backyard Deck) And A Four-Piece Bathroom With Whirlpool Tub. A Separate Side Entrance Leads To The Lower Level That Includes A Large Recreation Room With A Gas Fireplace, Another Four-Piece Bathroom With A Separate Shower And Large Double Whirlpool Tub, A Laundry Room, And Two Additional Rooms/Bedrooms. The Layout Offers Strong Potential For An In-Law Suite Or Separate Apartment. It's All About Location Location And This Home Has It, Just Two Blocks From The Future Ontario Line, Minutes To The DVP, Convenient Access To Downtown, Public Transit And The Vibrant Shops, Cafés, And Restaurants Along Pape Avenue And The Danforth. It Also Boasts An Excellent Walk Score, With Elementary, Middle & High Schools Near By, Four Parks And Numerous Recreation Facilities All Within A 20-Minute Walk, In A Neighbourhood That Continues To Appreciate In Value. Whether You Are Seeking Your First Detached Home, Downsizing Without Sacrificing Space, Planning To Personalize A Property Over Time, Or Looking For A Prime Lot And Home To Reimagine, 248 Westwood Avenue Is A Rare And Exciting Opportunity.

Listed by SUTTON GROUP-HERITAGE 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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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