11 Benway Drive

Kipling, Toronto

11 Benway Drive, Kipling, Toronto

$1,789,000


Bedrooms: 4

Bathrooms: 6

Living Area: 2,500 sqft

Price Per Sqft: $715.60


About this Detached

in Kipling, Toronto

Location is the prime highlight of this custom-built detached home (2011) situated on a huge lot in one of the most desirable neighborhoods of Etobicoke. The main floor features a combined living and dining area, spacious family room, and an open-concept kitchen with stainless steel appliances, granite countertops, backsplash, and center island. A rare and outstanding feature is the main floor bedroom with a full washroom, ideal for seniors or guests. The upper level offers 3 generously sized bedrooms, including a luxurious primary bedroom with a 6-piece ensuite and private balcony showcasing amazing views. The finished basement with separate entrance features 2 in-law suites with 2 kitchens, 2 washrooms, and 2 bedrooms, providing excellent potential for extended families or rental income. Another unique feature is the bachelor ensuite located on the third (attic) level. Additional highlights include 2 fireplaces, pot lights, 9 ft ceilings on the main floor, 2 laundries, and a huge backyard with a deck perfect for entertaining guests and summer BBQs. Long driveway with parking for up to 5 cars. Conveniently located close to public transportation, schools, parks, and all essential amenities.

Listed by NEWGEN REALTY EXPERTS.


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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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