98 Mount Olive Drive

Jamestown, Toronto

Open House Jan 17th, 2-4PM
98 Mount Olive Drive, Jamestown, Toronto

$899,000


Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $817.27


About this Detached

in Jamestown, Toronto

Welcome to this well-maintained, lovely bungalow. The main floor is bright and airy, featuring a large living and dining space, three spacious bedrooms, an updated kitchen, and a full bath, with upgraded lighting and higher ceilings throughout. An added sliding door from the dining area opens to a private side courtyard and low-maintenance backyard, perfect for relaxing or entertaining.The finished basement with a separate side entrance offers an extra-large bedroom with a walk-in closet and a second full bathroom, making it ideal for an in-law suite or easily convertible into a rental unit for extra income. Completing the property is a rare 1.5-car garage with almost 14-ft ceilings - a true standout in the neighbourhood.This home is literally steps from schools, parks, and transit, and just minutes from grocery stores, restaurants, and the community centre.Upgrades include: Front door, washrooms, and roof (2019); kitchen & garage door (2020); tankless water heater (2025).

Listed by ROYAL LEPAGE WEST REALTY GROUP 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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