156 Varsity Road

Lambton Baby Point, Toronto

156 Varsity Road, Lambton Baby Point, Toronto

$850,000

Bedrooms: 2

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $772.73

About this Detached

in Lambton Baby Point, Toronto

Calling all renovators, contractors, builders, investors - here is an exceptional opportunity in the beautiful Humber Valley! Renovate or build your dream home on this prime lot beside the Humber River. Existing 2-storey detached home with 2 bedrooms, partially finished basement, separate additional family room with fireplace, detached garage (opportunity to add a garden suite) and private backyard. Surrounded by nature and just minutes to The Old Mill, trails, golf, transit and great amenities. A rare offering in one of Toronto's most desirable neighbourhoods.

Listed by CENTURY 21 LEADING EDGE 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

     
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* This material is for informational purposes only.

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