26 Sixteenth Street

New Toronto, Toronto

26 Sixteenth Street, New Toronto, Toronto

$699,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $998.57


About this Detached

in New Toronto, Toronto

Welcome to this beautifully updated bungalow in the heart of South Etobicoke, situated on a deep lot across from Colonel Samuel Smith Park. This turnkey 2+3 bedroom home offers incredible flexibility for end users, investors, or multi-generational living.This bright main floor features 2 spacious bedrooms, a modern kitchen, separate dining area, and a renovated 4-piece bath. The fully finished lower level includes a private separate entrance, 3 bedrooms, second kitchen, laundry, and an additional 3-piece bath - ideal for rental income or extended family.Enjoy beautifully landscaped front and backyard spaces, a new front patio with LED lighting, backyard deck, garden shed, detached garage, and parking for up to 7 vehicles.Steps to waterfront trails, transit, Humber College, shops, restaurants, and minutes to Long Branch GO Station and Mimico GO Station.A rare opportunity to own a versatile income-generating property in one of Etobicoke's most desirable waterfront communities.

Listed by RE/MAX HALLMARK REALTY 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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