1 Futura Drive

Jane Heights, Toronto

1 Futura Drive, Jane Heights, Toronto

$849,999

Bedrooms: 4

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $772.73

About this Semi-Detached

in Jane Heights, Toronto

Welcome to 1 future Drive, This property presents a remarkable opportunity for both first-time buyers and investors alike, offering a spacious semi-detached 5 level backsplit residence with a basement apartment. This house is huge inside with an open concept living area, a fenced yard on a corner lot, and it's perfectly located beside the bus stop for commuters! A great opportunity for first-time buyers and investors to leverage rental income towards mortgage payments. No carpet throughout, with beautiful ceramic and hardwood floors. The main floor kitchen has an eat-in area and plenty of pantry space, and the stunning living room combines with the dining area and features a walkout to a balcony. This property offers flexible layout options, with the upstairs apartment convertible to three or four bedrooms, and a spacious basement apartment with potential for additional rooms to generate extra income. This home has impressive updates including a newer roof, 100 amp panel box, driveway, and high-efficiency furnace. Come see for yourself! Conveniently located near York University with excellent access to schools, shopping, and Highway 400 and a bus stop right beside the home!

Listed by RE/MAX PREMIER 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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Amortization:  
Percent Down:
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CMHC Prem.:
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* This material is for informational purposes only.

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