217 Alderbrae Avenue

Alderwood, Toronto

217 Alderbrae Avenue, Alderwood, Toronto

$979,900


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,399.86


About this Detached

in Alderwood, Toronto

This cozy bungalow offers incredible potential in desirable Alderwood community. Featuring two bedrooms and a fully fenced backyard, the home is ideal for families, first-time buyers, or investors. The basement has been recently waterproofed and basement awaits your personal touch. Easy to finish the basement back with new drywall and flooring. The separate entrance to the basement complete with its own kitchen and bathroom presents a fantastic opportunity for secondary income or an in-law suite. This property is conveniently located near schools, parks, transit, shopping, and provides easy access to major highways, the airport, and downtown Toronto. Don't miss this promising opportunity in Alderwood!

Listed by ROYAL LEPAGE PORRITT REAL ESTATE.


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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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