53 Twenty First Street

New Toronto, Toronto

53 Twenty First Street, New Toronto, Toronto

$699,000

Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $998.57

About this Detached

in New Toronto, Toronto

Lovingly maintained by the original owner since 1949, this charming solid brick bungalow offers an incredible blank canvas on a generous 33 x 119 ft. lot in highly sought-after South Etobicoke. Perfect for first-time buyers looking to renovate and move in, investors, or builders aiming to add a second storey or expand, this 2-bedroom, 2-bathroom home is packed with potential. Step inside to find a classic main-floor layout, great basement height ready for re-finishing, and a massive backyard ideal for outdoor living, a future garage or a future addition. Key updates include a Noritz tankless boiler/water heater (approx. 4 yrs) and roof (approx. 5-10 yrs), plus ample parking for 3 vehicles on your private driveway. Situated on a quiet, family-friendly street within walking distance to Lake Ontario, local shops, restaurants, cafes, parks, trails, Humber College, Lakeshore streetcar, and all of life's conveniences. This is a rare opportunity to transform a solid home in an unbeatable location into your dream vision. Notes: Pre-List inspection available. Some images have been virtually renovated and staged to illustrate the potential of this home; original unedited photos are also included. See it, Love it, Buy it.

Listed by RE/MAX PROFESSIONALS 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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