5 Acacia Avenue
Pelmo Park W5, Toronto
$1,388,800
Bedrooms: 3
Bathrooms: 3
Living Area: 2,500 sqft
Price Per Sqft: $555.52
About this Detached
in Pelmo Park W5, Toronto
Rarely offered raised bungalow with two full levels above grade, offering over 3,000 sq ft of versatile living space in North York. Meticulously maintained, this home is ideal for families,investors, and multigenerational living with excellent income potential.The main level features hardwood floors, three large bedrooms, and a spacious eat-in kitchen-perfect for family living and entertaining. Bright, functional layout with generous principal rooms.The fully finished lower level includes a separate entrance, full kitchen, bathroom, and walk-out to the backyard-ideal for an in-law suite, nanny quarters, or potential basement apartment for rental income.Exterior features include a double car garage and a private driveway with parking for up to six vehicles-perfect for large families or multiple tenants.Located on a quiet, family-friendly street with no through traffic, surrounded by parks and a mature neighbourhood. Steps to a ravine and trails (to be verified), and close to top-rated schools in both public and Catholic systems.Excellent transit access with a bus stop within 200m offering direct service to Wilson Station.Minutes to Humber College, major highways, shopping, and the UP Express.A rare opportunity offering space, flexibility, and strong investment potential in a prime North York location.
Listed by ROYAL LEPAGE SIGNATURE 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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| * This material is for informational purposes only. | |||
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