224 ELLIS Avenue

Swansea, Toronto

224 ELLIS Avenue, Swansea, Toronto

$2,250,000


Bedrooms: 5

Bathrooms: 2

Living Area: 2,500 sqft

Price Per Sqft: $900.00


About this Detached

in Swansea, Toronto

A Rare Opportunity To Secure One Of Swansea's Most Exceptional Building Opportunities. Set On An Impressive 46 x 262 Ft Ravine Lot, This Property Offers Outstanding Value Today And Extraordinary Potential For Tomorrow. Whether You Choose To Renovate, Reimagine Or Build New, The Possibilities Are Truly Exceptional. Included With The Property Are Professionally Designed Architectural Plans For A Stunning Contemporary Custom Residence, Together With A Building Permit Ready To Build, Allowing The Next Owner To Begin Construction Without The Time And Uncertainty Of The Planning And Approval Process. Nestled On One Of Swansea's Most Desirable Streets, This Premium Property Combines An Expansive Lot, Exceptional Privacy And A Coveted Ravine Setting Just Moments From High Park, Bloor West Village, Excellent Schools, Transit And The Waterfront. A Truly Unique Opportunity To Build An Architectural Masterpiece In One Of Toronto's Most Prestigious West-End Neighborhoods While Saving Valuable Time, Planning And Design Work Already Invested. Rarely Does A Property Offer Such A Compelling Combination Of Location, Land And Vision.

Listed by RARE REAL ESTATE.


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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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