79 Simpson Avenue
Mimico, Toronto
$1,098,000
Bedrooms: 3
Bathrooms: 1
Living Area: 1,500 sqft
Price Per Sqft: $732.00
About this Detached
in Mimico, Toronto
Built in 1908, this solid 2.5-storey home is brimming with character and ready for its next chapter. Offering 3 bedrooms and a vaulted-ceiling bath, it showcases original 9' ceilings, stained-glass accents, and custom bedroom doors that speak to its timeless charm. Premium cherry hardwoods flow through the living and dining rooms and second floor, while the bright, open-concept carpeted loft on the third level provides incredible versatility ideal as a family room, bedroom, office, or creative retreat. Move-in ready, this property also offers plenty of potential to update and make it your own. Set on a generous lot in a sought-after, family-friendly neighbourhood, the opportunities here are endless. Restore and personalize this Mimico classic, or build your dream home. Investors and builders will appreciate the development potential, while homeowners will love the character of a century home nestled on a quiet, tree-lined street close to excellent schools. A convenient natural gas BBQ hookup adds to the ease of outdoor living. The location is hard to beat. Jimmys Coffee, The Pie Commission, Queens Pasta, Acme Burger, and Sanremo Bakery are just steps away. Commuters will enjoy being within walking distance to Mimico GO and public transit, and with quick access to the Gardiner and Highway 427, you can be at Union Station in only 15 minutes. Shopping, restaurants, parks, and community amenities are all nearby, offering the perfect balance of convenience and community. Don't miss this rare opportunity to own a piece of history in one of South Etobicoke's most desirable pockets. Whether you're looking to invest, build, or create your forever home, this property offers the best of both worlds - classic character with city convenience. Some photos have been virtually staged to show potential use of space.
Listed by MAIN STREET 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
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| * This material is for informational purposes only. | |||
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