296 The Kingsway

Humber Valley, Toronto

296 The Kingsway, Humber Valley, Toronto

$3,999,999


Bedrooms: 6

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $2,666.67


About this Detached

in Humber Valley, Toronto

Development opportunity: Two assembled parcels at 296 The Kingsway, Etobicoke creating a rare oversized corner site approx. 120' x 160' (ideal for redevelopment). Prime location near multi-residential developments and major amenities along The Kingsway corridor. Ideal for builders, developers & investors. Buyer to verify zoning, permitted uses, severance, development potential and municipal approvals (RM (f24; au116)).

Listed by Unity Realty Brokerage 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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