28 Cornelius Parkway
Maple Leaf, Toronto
$1,399,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $932.67
About this Detached
in Maple Leaf, Toronto
Prime Development Opportunity in a Sought-After Location! Attention builders, contractors, and Savvy Ihvestors - This is your chance to secure a Valuable property in one of the area's most desirable neighborhoods. Surrounded by ongoing redevelopment and custom built homes, this property holds exceptional property Value potential. The property is situated on a generous 56 ft x 130 ft lot and offers ample space for a custom build or multi-unit development (subject to approvals, and Zoned RD (f15;a550*5)). Its unbeatable location places you just minutes from major high ways, top-rated hospital, popular shopping centers, and beautiful parks, providing convenience and lifestyle appeal for future homeowners or tenants. With the neighborhood experiencing rapid transformation, now is the ideal time to capitalize this rare opportunity. Whether you're looking to build a luxury residence, a profitable investment property, or hold for future appreciation, this property offers the perfect foundation. Key Highlights: Lot Size: 56 ft x 130 ft Prime location close to parks, hospital, shopping, and major highways. Area undergoing significant redevelopment with numerous new custom homes. Ideal for builders, developers, and investors seeking high-demand locations. Don't miss out -properties like this are in short supply and high demand!
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
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| * This material is for informational purposes only. | |||
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