25 Cartwright Avenue
Glen Park, Toronto
$1,050,000
Bedrooms: 2
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,500.00
About this Detached
in Glen Park, Toronto
Rare opportunity to own a well-maintained home on an exceptional 40 x 160 ft lot in a prime North York location! Whether you're a homeowner, investor, or builder, this property offers incredible potential. Featuring a separate entrance to the basement, it presents an excellent opportunity for a secondary suite, while the expansive backyard may offer the potential for a future garden suite, subject to all municipal approvals. The oversized lot provides endless possibilities to renovate, expand, or maximize rental income. Ideally located close to Yorkdale Mall, TTC, subway, major highways, schools, parks, shopping, restaurants, and all essential amenities. A fantastic investment opportunity in a highly sought-after neighbourhood with exceptional long-term potential. Buyers are advised to conduct their own due diligence regarding permitted uses and future development opportunities.
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
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| * This material is for informational purposes only. | |||
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