55 Milady Road

Humber Summit, Toronto

55 Milady Road, Humber Summit, Toronto

$899,000

Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $817.27

About this Semi-Detached

in Humber Summit, Toronto

Opportunity knocks in Humber Summit! This solid semi-detached raised bungalow is being sold under Power of Sale as-is, where-is and ready for the next owner to unlock its full potential. Set on a quiet residential street near Islington & Finch, this property offers a practical layout with a 3-bedroom, 1-bath main floor and a separate 2-bedroom basement apartment/in-law suite featuring TWO private entrances. Perfect for multi-generational living, rental income, or a smart investment project. The attached single-car garage and private double driveway add extra convenience, while the raised bungalow design brings in loads of natural light to both levels. Ideal for renovators, investors, or handy end-users looking to make something truly special in an established Toronto neighbourhood. Close to schools, transit, parks, and all essential amenities. No representations or warranties just a solid opportunity waiting for vision and value-add creativity. Bring your contractor, your ideas, and your sense of possibility this one is ready to shine again!

Listed by ROYAL LEPAGE YOUR COMMUNITY 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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