116 Moray Avenue

Oak Ridges Lake Wilcox, Richmond Hill

116 Moray Avenue, Oak Ridges Lake Wilcox, Richmond Hill

$1,522,500

Bedrooms: 4

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $1,015.00

About this Detached

in Oak Ridges Lake Wilcox, Richmond Hill

Stunning 2-Story Home on a rare oversized 75 x 150 ft lot with a Natural Backdrop! Located in the highly desirable Oak Ridges Community, just steps to Lake Wiloox. Enjoy the Feel of cottage living every day on this private, treed lot with a serene natural backdrop. Huge garage with extended driveway.Beautifully upgraded throughout with a custom kitchen featuring granite countertops, and heated travertine floors. The spacious breakfast area opens to a bright solarium. Included hardwood floors, crown moulding, and 8.5" baseboards. Bonus Income Potential! Home is currently set up as two separate units.

Listed by Century 21 New Concept Simple Realty.

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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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