172 Royal York Road
Mimico, Toronto
$1,988,888
Bedrooms: 5
Bathrooms: 6
Living Area: 2,500 sqft
Price Per Sqft: $795.56
About this Detached
in Mimico, Toronto
Welcome To An Extraordinary, Unique Offering In The Heart Of Mimico. This Fully Customized, Three-Storey Residence Has Been Masterfully Designed With The Future In Mind, Delivering Ultimate Versatility, And Outstanding Income Potential. This Versatile Property Can Function Beautifully As A Spacious Single-Family Home For Multi-Generational Living, An Owner-Occupied Investment Where Rental Income Helps Offset Your Mortgage, Or A Full Income Property With Three Self-Contained Units, Each Featuring Its Own Separate Entrance. Offering A 5+1 Bedroom And 6-Bathroom Layout, It Is The Perfect Match For Savvy Investors Or Families Seeking Space, Privacy, And Long-Term Value. Impeccably Constructed, The Home Showcases Energy-Efficient Spray Foam Insulation And Enhanced Soundproofing For Low Utility Costs And Exceptional Peace And Quiet. Premium Finishes Elevate Every Corner, Including Chic Pot Lighting, Custom Cabinetry, Spa-Inspired Ensuite Baths, Durable Luxury Vinyl Flooring, And Oversized Windows Flooding Each Level With Natural Light. The Main Residence Offers Exceptional Flexibility, Beginning With A First Level Featuring 9-Foot Ceilings, A Bedroom With A Private Entrance And Ensuite, And An Open-Concept Living Area With A Striking Quartz Waterfall Island. Upstairs, Well-Appointed Bedrooms Boast Their Own Ensuite Baths, Private Outdoor Spaces, And Thoughtful Layouts Tailored For Semi-Independent Living Or Premium Rental Income. Adding To The Appeal Is A Stylish, Loft-Style Living Area With Its Own Entrance, Allowing It To Remain Connected Or Be Fully Partitioned Off. Below, A Bright, Separate Lower-Level Suite Includes An Open-Concept Kitchen, Bedroom, Ensuite, And Private Laundry. Set On An Expansive Lot, The Property Accommodates Parking For Up To 8 Vehicles And Features A Detached Storage Shed. Best Of All, You Are Located Just Steps From Humber College, The Famous Sanremo Bakery, Waterfront Trails, Transit, The Go Station, And Major Highways.
Listed by RE/MAX REALTY ENTERPRISES 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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| * This material is for informational purposes only. | |||
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