8 Hearne Avenue

Rustic, Toronto

8 Hearne Avenue, Rustic, Toronto

$1,249,900


Bedrooms: 3

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $624.95


About this Detached

in Rustic, Toronto

Welcome to 8 Hearne Ave-an inviting, well-maintained multi-level bungalow perfectly situated in the highly sought-after Rustic community. This lovely home offers a bright and spacious main-floor living area with a great layout and oversized windows that fill the space with natural light.This large home offers generous room sizes which provide exceptional comfort and flexibility. The fully finished basement comes complete with a separate entrance, offering fantastic income potential or an ideal space for extended family.New furnace and air conditioner replaced in 2021. Freshly painted inside & outside completed 2025. New eavesdrop replaced in 2023.Enjoy the tranquility of a quiet, family-friendly neighbourhood while staying close to schools, parks, transit, and all amenities. Whether you're a first-time buyer, investor, or downsizer, this property is a rare opportunity in a desirable location.

Listed by RE/MAX WEST REALTY INC..


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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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