272 Jeff Smith Court

College Manor, Newmarket

Open House Mar 7th - 8th, 2-4PM
272 Jeff Smith Court, College Manor, Newmarket

$579,888


Bedrooms: 2

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $828.41


About this Detached

in College Manor, Newmarket

Land Lease! Age 55+ Retirement Community! Rare Gem in Leisure Valley Newmarket Retirement Community! Located on a peaceful cul-de-sac in sought-after area designed specifically for residents 55+. This beautifully upgraded 2 br bungalow offers comfort, practicality and minimal maintenance! Situated on leased land, this home is ideal for those seeking a lower overhead cost, with a quieter, low maintenance lifestyle just minutes from Southlake Hospital, Riverwalk Commons, Main Street, and all major amenities! 7 mins to highway 404! Step inside to find hardwood flooring throughout, senior friendly bathroom updated with oversized walk-in shower with seat, hand shower and safety grab bars. The huge custom centre island gourmet kitchen features oak cabinetry, breakfast bar and flows effortlessly through garden doors to a spacious dining room walkout to oversized composite deck and privacy overlooking mature trees. This property is ideal for smartsizers, downsizers and retirees looking for comfort, efficiency and a peace of mind in a well-cared for home and community. Pets welcome! Subject to landlord agreement. **Lease land at $910 per month. Maintenance fee of $250.00 per month and Taxes billed monthly at $130.00. (Total Monthly cost of $1290.00 plus utilities). Fees include: Snow removal, grass cutting and exterior maintenance as per the Lease agreement

Listed by THE LIND REALTY TEAM 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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