44 Fourth Street

New Toronto, Toronto

Open House Oct 25th - 26th, 2-4PM
44 Fourth Street, New Toronto, Toronto

$1,189,000


Bedrooms: 2

Bathrooms: 3

Living Area: 700 sqft

Price Per Sqft: $1,698.57


About this Detached

in New Toronto, Toronto

Welcome to 44 Fourth Street - a delightfully updated home with a LEGAL basement apartment (renos completed with permits)! This charming, move-in-ready bungalow is just steps from Lake Ontario, the Waterfront Trail, and numerous lakeside parks. This 2 unit, 2+3-bedroom, 3 bathroom, home offers the perfect blend of charm, character, modern comforts, and income earning potential! The main level features vintage hardwood floors, elegant wood trim, and etched-glass doors. The newly reno'd kitchen offers shaker style cabinets, porcelain counters, stylish tile backsplash, stainless-steel appliances, and vibrant Marmoleum flooring. The primary & 2nd bedrm overlook the west-facing garden, with the 2nd bedrm offering a walkout to a new wood deck & sunny, west-facing backyard. The reno'd main floor 3-piece includes a space saving, Euro-style corner shower and funky green mosaic tile flooring. The main floor has access to the lower level via a shared staircase and side entrance; leading to the shared laundry and utility room. The owner-occupied main floor also enjoys access to a 3rd bedroom located in the lower-level. It is a great flex space with a 3-pce ensuite and can be used as an additional bedroom, guest suite, home office or studio. The fully renovated LEGAL basement apartment includes 1+1 bedrms, open concept living area, eat-in kitchen, stylish 3-piece bath, heated polished-concrete floors, 8-ft ceilings, and an egress window. Extensive mechanical updates include underpinning, waterproofing, spray-foam insulation, new windows (lower level), PEX in-floor heating, upgraded wiring, 200-amp service, upgraded copper plumbing, new noise reducing cast iron stacks and ductless A/C. The sprawling 29.5 x 123 ft lot enjoys a long private drive, garage w power & sunny garden lovingly known as "The Orchard" w raised beds and an apple tree. Close to schools, Humber College, Mimico GO, TTC, highways, and airport. Enjoy nearby Waterfront Trail, beaches, skating, sailing, and more!

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..


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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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