120 Edinborough Court
Smythe, Toronto
$1,130,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $1,027.27
About this Detached
in Smythe, Toronto
Incredible Investment Opportunity! Detached Home on a Huge 50 x 100 Ft Lot in desirable Smythe Park, backing on to a tranquil ravine and situated on a quiet, private, family-friendly court. Offering over 2,000 sq. ft. of Total Living Space. Currently configured as three spacious, self-contained units: 2nd Floor: 2-Bedroom with private in-suite laundry; Main Floor: 1-Bedroom + Den; Lower Level: 1-Bedroom unit. All units feature upgraded Kitchens and Bathrooms, have been freshly painted, and offer large sun-filled windows with excellent natural light. The main floor includes a rear entrance providing convenient access to the backyard, parking, and shared lower-level laundry (accessed via separate rear entrance). Rare Bonus Feature: A private Sauna, accessed through a separate rear entrance - perfect for wellness enthusiasts seeking comfort, relaxation, and year-round enjoyment. All three units are currently vacant, presenting an opportunity for first-time buyers to live-in one unit and rent the others or perfect for investors to rent all three units and set market rents. Easily converted to a single-family home with basement apartment with front and rear entrances. Extra-large private driveway accommodates up to 6 vehicles + rare oversized 400 sq. ft. double car garage (spray foam insulated) with potential for a future garden suite (buyer to verify). Prime location close to: Lambton Golf & Country Club, Humber River & Trails, Lambton Arena, Smythe Park, Loblaws, Summerhill Market, Starbucks, Walmart Supercentre, Stock Yards Village. TTC At Your Door - 1 Bus to Runnymede Subway Station, Bloor West & the Junction. Easy access to highways and all major Conveniences.
Listed by RE/MAX ULTIMATE 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
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| * This material is for informational purposes only. | |||
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