94 Fifth Street

New Toronto, Toronto

94 Fifth Street, New Toronto, Toronto

$1,450,000

Bedrooms: 3

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $725.00

About this Detached

in New Toronto, Toronto

Welcome to 94 Fifth Street, a custom-built contemporary two-storey home situated on a 25' x 123' lot in sought-after Etobicoke. Designed withmodern architecture and quality construction, this property offers a rare opportunity to complete a high-end residence to your own specifications.The home features contemporary white oak flooring, large bay windows, and an abundance of natural light throughout. The functional layoutincludes three bedrooms above grade, one bedroom below grade, and 3.5 bathrooms, providing flexibility for families or end-users. The lowerlevel boasts exceptional 12-foot ceilings, creating the ideal foundation for a future recreation area, gym, or additional living space. This propertyis unfinished and being sold under power of sale, making it an excellent opportunity for builders, investors, or buyers seeking to customizefinishes while adding value. Solid construction, modern design elements, and a desirable lot size set the stage for a standout home oncecompleted. Located on a quiet residential street close to parks, schools, transit, and amenities, this is a rare chance to secure a premiumproperty with significant upside in an established neighbourhood.

Listed by RE/MAX ESCARPMENT 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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