204 Derrydown Road
York University Heights, Toronto
$1,388,888
Bedrooms: 5
Bathrooms: 4
Living Area: 1,100 sqft
Price Per Sqft: $1,262.63
About this Detached
in York University Heights, Toronto
ATTENTION INVESTORS!! A rare gem offering ready-to-move-in conditions, with a home and cash flow from day one, and huge value-add potential - a true find in the high-demand and stable Toronto area markets.Property Highlights:* 5+4 bedrooms. Fully renovated basement (2024) with 2 full bathrooms, laundry, furnace room & washer/dryer (2025, new coin-operated machine in basement = extra income source)* The additional washer and dryer for the main floor are disconnected and kept in the garage, which will be left for the new owners.* 4 full bathrooms with handheld bidets, all renovated in 2024* High-end luxury vinyl flooring & stairs throughout (carpet-free)* 4 fridges, 1 Whirlpool top cook, 2 Whirlpool low-profile microwave. All purchased 2024* Smart garage door opener w/ camera (2025)* Outside pot lights at side entrances (2025)* All rooms come furnished with beds, desks, chairs, shelves, and closet space.* Smoke alarms in every bedroom, fully interlinked (by-law compliant)* 2 emergency exit signs in the basement with battery backup* Metal roof (2023) with gutter & leaf guard* New Interlocking backyard (July 2025, 2-year warranty) with artificial turf: ready space for gazebo/shed or 3 legal garden suites (new Toronto zoning = extra lots of $$$ rental income!)* New asphalt driveway with interlocking in the front driveway is completed in July 2025, backed by a 2-year warranty.* You can also remove the wall from room#4 & #5 for additional living and great room on the main floor.* Basement kitchen has a quartz countertop* Recently installed a wooden fence in the backyard (2025)* Water softener installed. *2 min walk to NEW Finch West Zero-Emission Light Rail Transit to open this Summer with 16 stations connecting Humber College and the Finch West TTC Subway station. -Close to major GTA universities & colleges.
Listed by HOMELIFE LANDMARK REALTY INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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