334 Rimilton Avenue

Alderwood, Toronto

334 Rimilton Avenue, Alderwood, Toronto

$1,449,000

Bedrooms: 3

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $966.00

About this Detached

in Alderwood, Toronto

BUYERS, RENOVATORS, FLIPPERS & INVESTORS...Welcome to 334 Rimilton Ave, situated in the sought-after Alderwood community of South Etobicoke. Rare opportunity to own a home that has been lovingly cared for by the same family for over 50 yrs-solid bones, a fantastic lot (approx. 41 x 101x 47 ft.), & exceptional future potential.Whether you are an end user looking to create your dream home, or an investor or developer seeking your next project, this property delivers. As a family home it's a little gem needing some TLC. Unique 3-bd home, originally built in the 1960s, features a functional layout with 2.5 baths. Bright eat-in kitchen is positioned between the dining rm & the spacious family rm addition, creating a natural flow for everyday living. The family rm (approx. 300 sq. ft.) offers a cozy gas fireplace & w/o to the b/yard deck-perfect for entertaining or relaxing. The primary bd includes his & hers closets & o/looks the private backyard. Hardwood & ceramic flooring, complemented by large windows, fill the space with natural light & a neutral décor that provides a perfect canvas for your personal touch. Fully fenced yard features a patio & deck, while the charming front porch & landscaped frontage add to the home's curb appeal. From an investment perspective, this property presents incredible redevelopment potential. Attached report highlights opportunities for expansion, garden suite, or multi-unit configurations such as DUPLEX, TRIPLEX, or FOURPLEX conversions (buyer to verify). Location... steps or minutes to; shops, restaurants, parks, schools, easy access to Sherway Gardens, Marie Curtis Park, Humber College Lakeshore Campus & Queensway Health Centre. Commuters will appreciate nearby TTC bus, along with convenient access to both Long Branch & Mimico GO Stations for seamless travel into downtown Toronto. Or minutes to Toronto Pearson International Airport. Whether you renovate, rebuild, or reimagine, the possibilities here are extensive.

Listed by RE/MAX PREMIER 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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