524 Salem Avenue N

Junction, Toronto

524 Salem Avenue N, Junction, Toronto

$1,199,900

Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,714.14

About this Detached

in Junction, Toronto

Welcome to 524 Salem Ave -a rare opportunity to own a charming, fully detached 2+1 bedroom, 2-bathroom bungalow in a prime Toronto location! Tucked away in the heart of the highly sought-after Davenport community, this hidden gem is just steps from Wychwood, Corso Italia, Regal Heights, and Dovercourt Village. Experience the perfect blend of character and convenience, surrounded by vibrant shops, trendy cafes, diverse restaurants, and excellent transit options. This meticulously maintained home showcases an updated eat-in kitchen with stainless steel appliances, soaring main-floor ceilings, a spacious two-car garage, and a separate entrance leading to a fully finished basement. With an impressive 89 Walk Score, this property also offers exciting potential for a future laneway suite (buyer to conduct due diligence).

Listed by ROYAL LEPAGE PREMIUM ONE 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

     
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Amortization:  
Percent Down:
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* This material is for informational purposes only.

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