272 B Boon Avenue

Fairbank, Toronto

272 B Boon Avenue, Fairbank, Toronto

$1,495,000


Bedrooms: 3

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $996.67


About this Detached

in Fairbank, Toronto

Custom-Built Modern Income-Generating Detached Home! Relatively new only 10 years old this beautifully maintained home offers nearly 3,000 sq. ft. of thoughtfully designed living space, complete with a 2-car garage. Perfect for families or investors, it features a fully self-contained basement apartment with a private entrance, ideal for multi-generational living or generating monthly rental income. The main level features 9-ft ceilings, an inviting gas fireplace, and a bright, open-concept layout with a gourmet kitchen, granite countertops, stainless steel appliances, and pot lights throughout. A skylight on the second floor fills the home with natural light, complemented by rich hardwood flooring. Upstairs features three spacious bedrooms, including a primary suite with an ensuite bathroom, plus a separate full bath. The separate basement unit includes a full kitchen, washer, dryer, and dishwasher is ideal as an in-law suite or rental. Recent upgrades include fresh paint throughout, a renovated bathroom, and new laminate flooring in the basement. Located close to top-rated public and private schools, parks, and transit, this home is a rare blend of style, function, and investment potential. **Extras**: Stainless Steel Fridge, Stove, Dishwasher, Microwave, Washer & Dryer, gas fireplace, Central Vacuum, High-Efficiency Hot Water Tank (Rental), All Light Fixtures, Window Coverings.** Basement:** Stainless Steel Fridge, Stove, Built-In Microwave, Washer, Dryer, Central Air Conditioning. Don't miss this exceptional, income-generating gem with a 2-car garage in a prime location!

Listed by KELLER WILLIAMS REALTY CENTRES.


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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:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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