41 Mayo Drive

Rustic, Toronto

41 Mayo Drive, Rustic, Toronto

$1,279,900


Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $1,163.55


About this Detached

in Rustic, Toronto

Tucked away on a quiet court in the desirable family-friendly Rustic community, this beautifully renovated 1 level home offers a serene escape with all the conveniences of city living. Set on a premium pie-shaped lot, the property boasts a breathtaking backyard that offers the tranquility of Muskoka right at your doorstep. Step inside to discover a tastefully updated main level featuring a spacious living room, highlighted by an expansive bay window that fills the space with natural light. The chefs kitchen is a true showstopper, equipped with high-end built-in appliances, luxurious granite countertop, custom cabinetry, and an oversized island. The open-concept design seamlessly flows into the dining room, which walks out to a extra large deck overlooking the impressive backyard, complete with a 10 person luxurious hot tub. The expansive backyard has so much potential awaits your creative vision, whether you dream of lush gardens, a Caribbean-inspired pool or a vibrant outdoor oasis. New flooring and paint on second level(2025). The finished basement features a recreation room and a 3-piece bathroom. This exceptional property is a rare gem, combining modern elegance with a tranquil natural setting. Come see it for yourself you wont want to miss this opportunity!

Listed by ROYAL LEPAGE SIGNATURE 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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