79 Sixteenth Street

New Toronto, Toronto

79 Sixteenth Street, New Toronto, Toronto

$899,999


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,285.71


About this Detached

in New Toronto, Toronto

Welcome to 79 Sixteenth Street A Charming Bungalow in New Toronto! This cozy 3-bedroom bungalow is the perfect blend of comfort, convenience, and long-term potential. Located in the heart of New Toronto on a quiet, family-friendly street, this home offers original hardwood floors throughout, a finished basement, and a detached garage making it an ideal choice for first-time buyers, downsizers, or those seeking a fantastic condo alternative. The home features three bright and spacious bedrooms, each with its own closet and window offering plenty of natural light and storage. Whether you're setting up a nursery, a guest room, or a home office, these rooms provide a versatile and welcoming space. Step inside and discover a warm and inviting living space with plenty of character. The basement is a standout feature, offering a spacious rec room complete with a bar and a bar fridge perfect for entertaining friends or relaxing after a busy day. Additionally, there's a handy pantry/cantina with shelving for all your storage needs. Outside, enjoy the convenience of a private driveway with space for 4 cars, as well as a detached garage. This home has been well-maintained, with a furnace and AC unit both only 8 years old, and a roof that's just 2 years old, providing peace of mind for years to come. Location, Location, Location! Just steps from schools, Humber College, and local shops, this home offers convenience at every turn. Enjoy the beauty of nearby Colonel Samuel Smith Park, perfect for lakeside walks and outdoor activities. Commuting is effortless with quick access to Long Branch GO Station and the TTC. This is a rare opportunity to own a detached home with outstanding long-term potential in a thriving community. Don't miss your chance to make 79 Sixteenth Street your new address. Sold as-is, where-is.

Listed by EXP 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


     
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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