107 Lakeland Crescent
Oak Ridges Lake Wilcox, Richmond Hill
$888,000
Bedrooms: 2
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $807.27
About this Detached
in Oak Ridges Lake Wilcox, Richmond Hill
Rare opportunity in the highly sought-after Lake Wilcox community! Situated on a premium 50' x 104' lot on a quiet, family-friendly crescent, this property faces protected green conservation land with no neighbours in front, offering beautiful four-season views and exceptional privacy. Originally a 3-bedroom home, it has been converted into a spacious 2-bedroom layout and can easily be converted back to 3 bedrooms. Featuring a renovated kitchen and bathroom, plus a separate basement entrance, this home is ideal for first-time buyers investors, builders, and renovators alike. The property offers two income streams including additional potential income from the basement, making it an excellent holding opportunity while planning a future build or major renovation. Surrounded by custom homes and ongoing redevelopment, and just steps to Lake Wilcox, parks, trails, community centre, top-rated schools, Hwy 404 and GO Transit, this is a prime lot in a premium location with strong upside and endless potential. Basement is currently vacant, and the upstairs Tenant is on a month-to-month lease.
Listed by CENTURY 21 LEADING EDGE 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
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| * This material is for informational purposes only. | |||
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