38 Lake Avenue

Oak Ridges Lake Wilcox, Richmond Hill

38 Lake Avenue, Oak Ridges Lake Wilcox, Richmond Hill

$1,390,000

Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,985.71

About this Detached

in Oak Ridges Lake Wilcox, Richmond Hill

Client Remarks: Vacant Possession, Dream Home on Huge Lot With Mature Trees-great Opportunity to Build Your Dream Home. Large Lot Measuring 83'X190' Has Lots of Potential! Well-Maintained Home with Many Upgrades. Stone Fireplace in Living Room, Pool, As is. Finished basement with Separate Entrance & In-Law Potential. 200 Amp Electrical Service, Oversized Garage Doors (8'6').Deck in the Backyard.

Listed by FARLAN 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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