43 Lanyard Road

Humbermede, Toronto

43 Lanyard Road, Humbermede, Toronto

$699,000


Bedrooms: 4

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $635.45


About this Semi-Detached

in Humbermede, Toronto

Opportunity knocks at 43 Lanyard Rd! Whether you're an investor, renovator, first-time buyer, or someone looking to build equity, this property offers outstanding potential at an affordable price point. Featuring a spacious backsplit layout with 5 bedrooms, 2 kitchens, and separate side entrance access to both the main and lower levels, this home offers exceptional flexibility for extended family living, an in-law suite, or future income potential. With the addition of a simple partition wall, the layout lends itself perfectly to a potential 2-bedroom upper unit and 2+1 bedroom lower unit configuration (buyer to conduct their own due diligence regarding future use). Generous principal rooms, soaring lofted ceilings, and a functional floor plan provide the perfect canvas for your renovation ideas and personal touches. Whether you're looking to create your dream home or a strong income-producing property, the upside here is undeniable. Outside, you'll find one of the deepest lots on the street, offering plenty of space for outdoor entertaining, gardening, or simply enjoying your own private backyard retreat. The detached workshop/shed is an added bonus and has all the makings of the ultimate workshop, hobby space, storage area, or future man cave. New metal roof 2025. Conveniently located close to shopping, restaurants, schools, parks, transit, and major highways, this is a rare opportunity to purchase a property with tremendous potential in an established neighbourhood.Bring your imagination, your toolbox, and your vision. The possibilities are endless.

Listed by FOREST HILL REAL ESTATE 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:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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