74 Kirknewton Road

Fairbank, Toronto

74 Kirknewton Road, Fairbank, Toronto

$1,079,000

Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,541.43

About this Detached

in Fairbank, Toronto

Welcome to 74 Kirknewton, a property offering significant potential for investors. Located in the new PTMSA area, this site allows for greater density, making it ideal for multi-family development. Key features include: Location: Less than 300 meters from Fairlawn Station and in close proximity to community centres, libraries, major malls, schools and various amenities. Lot Details: A corner lot boasting a 34 frontage and a double car garage. Property Layout: 3 bedrooms and 2 washrooms, featuring a separate entrance that provides excellent options for rental income from the basement. Don't miss this opportunity to invest in a prime location with diverse possibilities.

Listed by CITIBLOC REALTY.

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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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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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