50 Felan Crescent

Beaumonde Heights, Toronto

50 Felan Crescent, Beaumonde Heights, Toronto

$895,000

Bedrooms: 3

Bathrooms: 2

Living Area: 1,500 sqft

Price Per Sqft: $596.67

About this Semi-Detached

in Beaumonde Heights, Toronto

Opportunity Knocks! Immaculate 3-bedroom raised bungalow with a full in-law suite offers incredible versatility perfect for savvy investors seeking a turn-key two-income property or contractors/renovators ready to unleash its full potential. The main level features a bright, spacious living and dining area with hardwood floors hidden beneath the carpet, plus a walkout to a huge balcony ideal for morning coffee or evening relaxation. Lower-level in-law suite is completely separate, with no steps from the driveway to its private entrance - accessible and highly desirable for tenants or extended family. It boasts a full kitchen, a brand-new 3-piece bath, a generous bedroom, and an abundance of natural light. Fully fenced, beautifully landscaped yard is a private oasis perfect for entertaining, gardening, or future outdoor enhancements. Whether you're looking to generate dual rental income, renovate into a dream single-family home, or customize both levels for maximum return, this property is a rare find with endless possibilities. Just steps to the bus stop & quick commute to downtown.

Listed by REMAX 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

     
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* This material is for informational purposes only.

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