74 Mourning Dove Crescent

Malvern, Toronto

74 Mourning Dove Crescent, Malvern, Toronto

$949,000


Bedrooms: 7

Bathrooms: 5

Living Area: 1,500 sqft

Price Per Sqft: $632.67


About this Semi-Detached

in Malvern, Toronto

Location matters! Semi-detached two storey 7+2 Bedroom 5 Bathroom Home in a fantastic Malvern location. Finished walkout Basement with separate entrance (currently collecting $1,500 per month). Main floor family room was converted to bed room can be easily converted back to family room. Garage is converted to another separate unit can be converted back to garage (currently collecting $1,190 per month plus $2,400 from main floor). Total rent collecting $5,090 plus Owner living in the 2nd floor. Close To All Amenities. Hwy 401, Ttc, Bus Stop, Shopping Mall, Supermarket, Enjoy Well-Know Park nearby, U Of T In Scarborough, Centennial College, Hospital, Pan Am Are Nearby. Seller or agent do not warrant retrofit status of the rental apartment. If the New Owner requires, The Current Owner can Convert the house back to single family unit on or before Closing. Don't Miss This Incredible Opportunity To Own A Move-In Ready Home In A Convenient Location! Seller will welcome pre-emptive offer if any. Some of the pictures are old*** Serious Buyers Only***

Listed by RE/MAX ACE 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:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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