61 Dane Avenue
Glen Park, Toronto
$3,900,000
Bedrooms: 5
Bathrooms: 5
Living Area: 5,000 sqft
Price Per Sqft: $780.00
About this Detached
in Glen Park, Toronto
Welcome to 61 Dane Avenue - A Distinguished Custom Residence of Exceptional Scale, Design & Versatility. This remarkable transitional-style residence offers approximately 7,360 sq. ft. of beautifully finished living space, including an impressive fully finished lower level, set on a generous 60 x 125 ft. lot. Featuring 5+4 beds & 6 baths, this sophisticated residence has been thoughtfully designed to accommodate refined entertaining, luxurious everyday living & a variety of lifestyle requirements. The main level showcases an expansive chef-inspired kitchen with an oversized centre island, seamlessly connecting to elegant dining, living & family rooms enhanced by approximately 11-ft ceilings. A private main-floor office & 3-pc bath add exceptional functionality. Six skylights bathe the interiors in natural light, highlighting large-plank hardwood flooring, a dramatic floating staircase with sleek glass railings, gas fireplace & an abundance of pot lights that enhance the home's contemporary aesthetic. The fully finished lower level is an exceptional extension of the home, featuring a separate entrance & walkout to the rear yard, 4 additional beds, a 2nd kitchen & expansive recreation area, creating remarkable flexibility for extended accommodations, guests, a private workspace or additional living space. The private backyard offers generous outdoor space & excellent potential for entertaining or quiet enjoyment. Ideally situated near shopping, public transit, schools, parks & major transportation routes, including Lawrence West Subway Station, Allen Road & Yorkdale Shopping Centre. As per Seller, the lower level is currently generating approximately $8,000/month in rental income. An exceptional opportunity to own a substantial custom residence offering impressive scale, sophisticated design, versatile living spaces & outstanding income potential in a highly convenient Toronto location.
Listed by ROYAL LEPAGE REAL ESTATE SERVICES 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
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| * This material is for informational purposes only. | |||
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