58 Farningham Crescent

Rosethorn, Toronto

58 Farningham Crescent, Rosethorn, Toronto

$2,699,000


Bedrooms: 4

Bathrooms: 5

Living Area: 2,500 sqft

Price Per Sqft: $1,079.60


About this Detached

in Rosethorn, Toronto

Welcome To 58 Farningham Cres - Nestled On One Of The Most Prestigious Streets In Princess Rosethorn, This Is One Of Toronto's First Net Zero Ready Custom Homes. It Is A Rare Fusion Of Modern Luxury, Timeless Elegance, And Sustainable Design Of Over 4,000 Square Feet Of Space. The Main Level Combines Kitchen With Living Space And Has A Soaring 12-Ft Ceiling. The Open-Concept Layout Has Floor-To-Ceiling Windows And Skylights Creating An Airy, Light-Filled Space. The Chefs Kitchen Is The Heart Of The Home, Featuring A Dramatic 10-Ft Quartz Island, Built-In Wine Fridge, Prep Sink, High-End Appliances Including A 6-Burner Gas Stove, And A Cozy Breakfast Nook. The Elegant Dining Area Includes A Walk-Out To The Backyard, Plus A Convenient Servery/Bar With A Second Dishwasher Perfect For Entertaining. Relax In The Living Room By The Wood-Burning Fireplace, A Rare Luxury In Modern Builds. The Main-Floor Also Has A Private Suite With Its Own En-Suite Bath Which Offers Flexibility For Guests Or Multi-Generational Living. Upstairs, The Primary Retreat Is A True Sanctuary With A Spa-Inspired En-Suite Bath Featuring Heated Floors, A Freestanding Tub, Glass Shower, Double Vanity, And A Stunning Oversized Private Balcony - Perfect For Relaxing Outdoors. This Home Is Built For Comfort And Efficiency With A Full Heat Pump System For Heating, Cooling, And Hot Water. It Has Upgraded Insulation, Triple-Pane Windows, And High-Efficiency Doors Ensuring Long-Term Energy Savings And Providing Unmatched Comfort. The Legal Basement Apartment Adds Extra Value And Is Ideal For In-Laws, For Rental Income, Or Personal Use. All Of This In A Highly Sought-After Etobicoke Neighbourhood, Close To Top-Rated Schools, Parks, And Amenities.

Listed by PROPERTY.CA INC..


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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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