63 Chamberlain Avenue

Belgravia, Toronto

63 Chamberlain Avenue, Belgravia, Toronto

$799,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,141.43


About this Detached

in Belgravia, Toronto

Welcome to a fantastic opportunity in Toronto's desirable Briar Hill-Belgravia neighbourhood. With its strong construction and classic layout, this property delivers the kind of solid foundation buyers, investors, and renovators are searching for. Situated on a peaceful residential street, this classic brick bungalow has been proudly maintained by one family for many decades and offers tremendous potential for its next owner. Inside, the home features a bright, comfortable layout with spacious principal rooms, hardwood flooring and an abundance of natural light throughout. The house was stripped to the studs and underpinned it in the late 80s. Upgrades include: ABS waste pipe, copper water lines, and updated wiring. The street is getting new infrastructure; they've been installing new water mains and sewers. The front parking pad is a licensed parking pad that costs about $400/year in fees to keep current. The kitchen and bathroom have been nicely renovated. Whether you choose to modernize some more, expand, or build new, the property provides an excellent starting point with the solid craftsmanship and structure that are increasingly hard to find. The detached garage and full basement add extra functionality and open the door to a variety of future possibilities. Ideal for homeowners, contractors, investors, or builders looking to create something special in a growing and well connected community. Enjoy the convenience of being just minutes to the new LRT, TTC transit, parks, schools, Cedarvale Park, the Beltline Trail, local shops, restaurants, and all the amenities city living has to offer. This is a rare chance to secure a property with incredible upside in an established neighbourhood known for its strong sense of community.

Listed by SUTTON GROUP - SUMMIT 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:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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