41 Algoma Street
Mimico, Toronto
$1,799,900
Bedrooms: 4
Bathrooms: 5
Living Area: 2,000 sqft
Price Per Sqft: $899.95
About this Detached
in Mimico, Toronto
Welcome to 41 Algoma Street - Newly Constructed, Never-lived-in home situated on a thoughtfully redeveloped lot, offering modern comfort, generous space, and exceptional versatility. This expansive residence features 9-foot ceilings on the main floor, enhancing a beautifully designed layout that seamlessly blends everyday living with elegant entertaining. Enjoy a bright and inviting living room, a spacious family room, a formal dining area, and a sun-filled breakfast space. Large windows throughout flood the home with natural light, creating a warm and welcoming atmosphere. With 4 generously sized bedrooms and 5 well-appointed washrooms, this home is perfectly suited for families of all sizes. Each space is designed with comfort and functionality in mind. A beautifully finished basement featuring a self-contained secondary suite with a separate entrance and private laundry. Boasting impressive 10-foot ceilings, this bright and spacious area ideal for In-Law living or generating additional rental income. Located in a highly desirable and convenient neighborhood, the home is surrounded by top-rated schools, making it an excellent choice for families. Commuters will appreciate easy access to major highways and transit routes. Nature lovers will enjoy being just minutes from Humber Bay Park and Park Lawn Park, perfect for walking, cycling, and outdoor activities. Everyday essentials, shopping, and dining are all close at hand along the vibrant Queensway corridor, making daily living both convenient and enjoyable. This home presents a rare opportunity to own a thoughtfully designed, move-in-ready property in an outstanding location. This home also comes with an approved permit for a Garden Suite, offering future potential for additional living space, extended family accommodation, or supplemental rental income. 100A ,240 V electrical rough-in has been installed from main panel to the rear of the property, for a future Pool, Hot tub, or Heavy -Duty equipment in the shed.
Listed by RE/MAX REALTRON 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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| * This material is for informational purposes only. | |||
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