5 Coates Crescent

Oak Ridges Lake Wilcox, Richmond Hill

5 Coates Crescent, Oak Ridges Lake Wilcox, Richmond Hill

$1,278,000


Bedrooms: 3

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $639.00


About this Detached

in Oak Ridges Lake Wilcox, Richmond Hill

Welcome to 5 Coates Crescent! Situated on a premium 55.61-foot lot, this spacious 3-bedroom, 3-bathroom bungalow presents an exceptional opportunity to renovate, customize, or invest. Offering a functional layout and generous principal rooms, this home is full of potential for end-users, renovators, and investors alike. The main level features a bright and expansive living room and a formal dining room-ideal for hosting family gatherings and entertaining guests. The large eat-in kitchen offers ample cabinetry and a walkout to a private deck, perfect for outdoor dining and summer barbecues. The inviting family room is highlighted by a cozy fireplace, creating a warm and comfortable space to unwind. The generous primary bedroom includes a walk-in closet and a spacious 5-piece ensuite bath. Two additional well-sized bedrooms and another full bathroom complete the main floor. For added convenience, the main level also features its own dedicated laundry area. The lower level offers outstanding versatility. In addition to the fully self-contained 2-bedroom, 1-bath apartment with a separate entrance and a walkout to the patio from the kitchen-ideal for an in-law suite or income-generating unit-the basement includes its own separate laundry dedicated to the apartment. Over and above the apartment space, there is also a finished recreation room reserved for the main home, providing the perfect area for a media room, playroom, home gym, or additional living space for the owners to enjoy. Located in a desirable, family-friendly neighbourhood, this home is close to highly regarded public and Catholic schools, parks, transit options, and everyday amenities. Enjoy convenient access to shopping plazas, grocery stores, restaurants, and major routes, making commuting and daily errands effortless. Whether you're looking to renovate and create your dream home or capitalize on the income potential, 5Coates Crescent is a rare opportunity on a premium lot in a sought-after location.

Listed by RE/MAX PROFESSIONALS 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


     
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* This material is for informational purposes only.

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