270 Grandravine Drive
Jane Heights, Toronto
$979,000
Bedrooms: 3
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $890.00
About this Semi-Detached
in Jane Heights, Toronto
Well-maintained home in a highly convenient location with excellent income potential.Featuring hardwood and ceramic flooring throughout, this property offers a practical layout ideal for families, investors, or buyers looking to offset their mortgage with rental income.The home includes a separate entrance leading to a spacious basement apartment with high ceilings, a large bedroom, and an eat-in kitchen - perfect for extended family or as a rental unit. Live comfortably upstairs while collecting rent from the basement suite. Situated in a great neighbourhood with everyday amenities close by. TTC access is extremely convenient with the 108 bus stop just steps away, providing easy connectivity throughout the city. The property is also located near elementary and high schools, making it ideal for families, and is just a short distance from York University. Residents will also appreciate being steps from a City of Toronto community centre, offering recreational facilities, programs, and community activities year-round. With its well-kept condition, separate entrance, and large basement apartment, this property presents an excellent opportunity for homeowners and investors alike.
Listed by REMAX YOUR COMMUNITY 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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