116 Clement Road

Richview, Toronto

116 Clement Road, Richview, Toronto

$1,759,000


Bedrooms: 4

Bathrooms: 4

Living Area: 2,500 sqft

Price Per Sqft: $703.60


About this Detached

in Richview, Toronto

Pride of ownership is evident in this spacious and beautifully maintained home, ideally situated in the sought-after Richview Park neighbourhood. Offering 2,731 sq. ft. above grade and an additional 1,468 sq. ft. in the finished basement, this home features large principal rooms designed for comfortable family living and elegant entertaining. The chef-inspired kitchen overlooks the backyard and boasts a granite centre island, countertops, and backsplash, along with stainless steel appliances, sliding doors, and a bright breakfast area with additional access to the patio. The inviting family room offers serene backyard views through a picture window and includes pot lights, a ceiling fan, built-in shelving, and a French door. The laundry/mud room is thoughtfully equipped with pot lights, LG washer and dryer, a laundry sink, shelving, a French door, and direct access to the yard. Upstairs, the expansive primary suite features his and hers double closets, California shutters, and a private 3-piece ensuite. Additionally there are three generously sized bedrooms, all with California shutters, sharing a well-appointed 4-piece main bathroom, completing the upper level with both comfort and style. The finished basement expands the living space with two open-concept recreation rooms featuring windows, exposed brick, decorative and pot lighting, laminate flooring, and a wood-burning fireplace with a brick mantel in one room. A 3-piece bathroom with a dry sauna, a cold cellar with a window and tile floors, and a utility room with a walk-up to the backyard complete the lower level. Equipped with a timed inground sprinkler system and automated front exterior lighting for added convenience and curb appeal. Exceptional location just steps to shopping, groceries, schools, and TTC, with easy access to highways, the airport, and downtown Toronto.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..


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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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