616 Old Weston Road

Pellam Park, Toronto

616 Old Weston Road, Pellam Park, Toronto

$895,000


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,278.57


About this Semi-Detached

in Pellam Park, Toronto

Welcome to 616 Old Weston Road, a warm and well-kept red brick semi-detached home that has been lovingly maintained by the same family for over fifty years. Inside, the main and second levels unfold with hardwood floors, generous principal rooms, and natural light that moves easily throughout the day. The second floor offers three comfortably scaled bedrooms and a newly renovated family bathroom. The recently renovated lower level adds valuable flexibility, featuring modern dark vinyl flooring, a new kitchen, bathroom, fresh drywall and paint, and a dedicated laundry room, ideal for extended family, guests, or additional living space. A mutual drive provides parking for two vehicles. Set in a family friendly pocket close to General Mercer Junior Public School, St. Matthew Catholic School, and St. Nicholas of Bari Catholic School, with Corso Italia just minutes away for cafes, shops, and everyday essentials, this is a home rooted in community and long-term comfort. Situated on a deep lot with rear laneway access, this property offers exciting future possibilities. In addition to two parking spaces via a shared driveway, the laneway presents potential for additional parking or a future laneway suite. An ideal opportunity for added income or multi-generational living.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..


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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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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