14 Spears Street

Smythe, Toronto

14 Spears Street, Smythe, Toronto

$998,000

Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $907.27

About this Detached

in Smythe, Toronto

14 Spears St presents a rare ravine-backed opportunity in the vibrant Rockcliffe-Smythe neighbourhood, ideal for builders, investors, or families seeking flexible multi-generational living. This unique property offers approximately 1,700 + 700 sq ft of living space with 2+2 bedrooms across multiple levels and three newly renovated modern bathrooms, each featuring sleek standing showers and large windows that fill the home with natural light. The main level features two spacious bedrooms, a bright open-concept living and dining area, and a stylish modern kitchen with quartz waterfall countertops and island, designed to maximize both preparation space and casual dining. The rear entrance leads to a fully fenced private backyard backing onto a ravine and hilltop lot, creating a peaceful outdoor retreat with a seating area perfect for gatherings year-round. The second floor is dedicated to a private primary suite with generous storage and a brand-new ensuite bathroom, while the lower level offers additional flexible living space with its own kitchenette, appliances, and ensuite bathroom, ideal for extended family or additional accommodation. The home also includes an 11 kW EV charger for fast home charging. Beyond its comfortable layout, the property offers exceptional potential for builders and investors, as neighbouring properties have already demonstrated the precedent for creating up to five separate residential units, including the possibility of a garden suite (subject to city approvals), making this a strong opportunity for redevelopment or future income potential. Located minutes from Stockyards District, parks, schools, golf courses, shops, restaurants, major highways, TTC access within a 3-minute walk, Weston GO Station, and the new Eglinton Crosstown LRT, this property combines lifestyle, convenience, and long-term upside.

Listed by SUTTON GROUP-ADMIRAL 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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Amortization:  
Percent Down:
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CMHC Prem.:
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* This material is for informational purposes only.

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