TH7 - 40 Westmoreland Avenue

Junction, Toronto

TH7 - 40 Westmoreland Avenue, Junction, Toronto

$1,798,000


Bedrooms: 2

Bathrooms: 3

Living Area: 1,800 sqft

Price Per Sqft: $998.89


About this Townhouse

in Junction, Toronto

Magnificent 4 storey Townhome carved from a 1914 Neo-Gothic Church, creating one of Toronto's most spectacular landmark Church conversions. Meticulously restored, preserving the historical details while incorporating modern updates, this Heritage property is a true masterpiece. Even the old bell tower was preserved! Tucked away in a discreet courtyard, Townhome 7 offers soaring cathedral ceilings, original intricate wooden details, exposed original brick masonry, wooden trusses, stone columns, gothic brick arches, an illuminated custom catwalk, workout area with ensuite shower, spacious Primary 3rd floor bedroom, a luxurious 4th floor 5 piece ensuite and custom built-in storage spaces. The Lower Level has a Mud Room/Storage area with direct access to the private, underground oversized parking space set up for electric charging. This unit was built to be the most secluded within the development and there is little to no neighbouring noise. There is nothing to compare to this special space! **EXTRAS** Just steps to the popular neighbourhood of Bloor & Dovercourt, the infamous Ossington Strip, local shops, restaurants, public transportation, and easy access to Downtown. This is a rare opportunity to own a piece of Toronto history. Please, note there are highly co-operative tenants who are leaving in a month.*

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.


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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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