38 Algoma Street

Mimico, Toronto

Open House Jun 21st, 2-4PM
38 Algoma Street, Mimico, Toronto

$1,749,000


Bedrooms: 4

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $1,166.00


About this Detached

in Mimico, Toronto

Beautiful,Four bedroom,Custom-built,Modern Architecture Designs with quality finishing. Open-concept layout,bright,modern kitchen designed for entertaining, featuring an oversized island,statement pendant lighting,S/S appliances. Walk Out through Floor to Ceiling Glassed,Sliding doors from Kitchen/Dinning area to an oversized deck overlooking a generous 34 x 125.5 ft lot with Stone Patio and a yard waiting for your personal touch. This home has an abundant Natural Light from the 2 Skylights, Living room,side and back windows. Hardwood flooring throughout,solid Wood Stairs W/Glass Railings and pot light on the wall for night vision. kitchen receives direct sun light from opening to above skylight. The spacious primary bedroom retreat features a 5-piece ensuite with double vanity,freestanding tub,custom shower, walk-in closet and Electric Fireplace.The upper level includes an additional 5-piece bathroom with double vanity.Generous size bedrooms and a conveniente laundry & sink area. The fully finished lower level has laminated floors,a recreation room/Gym, 4-piece bathroom,Electric Fireplace and side entrance. Excellent access to public transit, a 10 minute walk to Mimico Go Station, major highways,Toronto's Airports(Pearson and Billy Bishop) & quick access to downtown and some of the best entertainment venues including Exhibition Place Grounds, BMO Field, Rogers Centre, Scotiabank Arena. Short walk to The Bread Essentials & San Remo Bakery . Less than 10 minute drive to Major Grocery Stores (NoFrills, Costco and Longo's on The Queensway ).

Listed by SUTTON GROUP OLD MILL 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


     
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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