1372 Islington Avenue

Rosethorn, Toronto

1372 Islington Avenue, Rosethorn, Toronto

$1,695,000


Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $1,540.91


About this Detached

in Rosethorn, Toronto

Situated on an expansive lot with a west view over the fairway of Islington Golf Club's third hole. This three bedroom century-old home blends historic charm with unmatched potential. Offering a unique opportunity for renovation or redevelopment, the property boasts mature trees, sweeping views, and a prime location perfect for both privacy and prestige. Whether you're envisioning a lovingly restored heritage residence, a custom new build or multi-unit family compound, this generous parcel ( 50' x 395') provides the space and setting to bring your vision to life. Garden suite and development potential report available. Surrounded by excellent schools like Kingsway College School, St. Gregory, and ECI. It is a short walk to local shopping at Thorncrest Village Plaza, Montgomery Inn Farmers Market, Thomas Riley Park, Memorial Pool, and Islington subway. An ideal property for those seeking to add value in prime Princess-Rosethorn.

Listed by BABIAK TEAM REAL ESTATE BROKERAGE 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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