4 Riverlea Drive

Humber Heights, Toronto

Open House Jan 17th - 18th, 2-4PM
4 Riverlea Drive, Humber Heights, Toronto

$1,100,000


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,571.43


About this Detached

in Humber Heights, Toronto

Welcome to 4 Riverlea Dr, a solid red brick bungalow set on an impressive 50 x 132 ft lot, offering outstanding flexibility for end-users, investors, or those looking to build new. Surrounded by new builds and renovated homes, the property features 3 well-proportioned bedrooms, each offering comfortable space for family living, home office use, or guests, along with 2 bathrooms thoughtfully laid out for everyday functionality. The bright main level features a generous kitchen, and a walkout to the side deck, perfect for entertaining. The large finished basement with a separate entrance creates excellent potential for an income-generating suite, multi-generational living, or future expansion. A built in garage adds everyday convenience, providing secure parking and valuable storage. Located close to well regarded schools, the 401 highway, and Pearson International Airport, with the Weston UP Express station to the east, and Starbucks to the west, both a 10-minute walk away, making commuting and daily errands effortless.Whether you're looking to move in, invest, or redevelop, this deep lot and well-located bungalow present a rare opportunity in a growing, well-connected neighbourhood.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.


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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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