551 Caledonia Road

Fairbank, Toronto

551 Caledonia Road, Fairbank, Toronto

$1,049,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $699.33


About this Semi-Detached

in Fairbank, Toronto

Welcome to 551 Caledonia Rd. This wonderful home is on the market for the first time since it was built in 1987, has had only one owner and exudes pride of ownership. Solidly built, this very wide semi has been well maintained and upgraded through the years and offers many options: easily turn back into a spacious 3 bedroom/3 bath family home or multi-generational home with lots of space for everyone; live in one unit and let the other unit pay your expenses or rent out the two units for a great investment property. Wonderfully spacious and light filled, this home has three large bedrooms (one is currently a kitchen) with closets and a four piece bathroom on the second floor. Large main floor principal rooms with French doors, kitchen with oak cabinetry, four piece bathroom with jacuzzi tub and a large family room with wood burning fireplace (not WETT tested) and sliding doors to a patio and landscaped private garden that is truly an oasis. Great family room in the basement with very tall ceilings, lots of closets, four piece bathroom, laundry and walk out to the garage which has another laundry room accessed from the front of the house. This property has great curb appeal , 3 car parking and is walking distance to shopping on Eglinton and the Eglinton Crosstown which is soon to be completed. Easy access to downtown or major highways. Don't miss this wonderful opportunity!!

Listed by iCloud Realty 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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