740 Colter Street

Summerhill Estates, Newmarket

Open House Apr 26th, 2-4PM
740 Colter Street, Summerhill Estates, Newmarket

$1,190,000

Bedrooms: 4

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $595.00

About this Detached

in Summerhill Estates, Newmarket

Rare Ravine Offering in Summerhill Estates! This premium 2-storey detached residence sits on a coveted ravine lot, backing onto tranquil trails with no rear neighbors for ultimate privacy. Concrete driveway. The functional, sun-filled layout features 4 spacious bedrooms, 4 bathrooms, a modern chef's kitchen, and updated flooring throughout. The professionally finished walk-out basement adds significant value, offering a 3-pc bath, 2 additional bedrooms and a kitchenette - perfect for an in-law suite, home office, or guest quarters, potential extra income helping with mortgage! EV Charging is ready. Enjoy a secluded backyard oasis framed by mature trees, ideal for al-fresco entertaining. Prime Location: Steps to top-tier schools, parks, nature trails, and the upcoming Mulock Park. Unmatched commuter connectivity via Hwy 400 & 404. This turn-key home perfectly combines lifestyle, privacy, and prestige. A must-see for the discerning buyer!

Listed by RIGHT AT HOME 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

     
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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