114 Gracefield Avenue
Maple Leaf, Toronto
$889,000
Bedrooms: 2
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,270.00
About this Detached
in Maple Leaf, Toronto
Welcome to this charming, move-in ready home offering the perfect opportunity for first-time buyers, young professionals, or growing families. Featuring 2+1 bedrooms and 2 full bathrooms, this well-maintained property combines comfortable living with incredible future potential. Move in and enjoy as-is, or renovate and customize to suit your personal style. Situated on a desirable lot with room to add a second floor, this home offers the opportunity to add on as your family's needs grow.The finished lower level features a separate living space with excellent income potential, making it ideal for an in-law suite or future rental to help offset your mortgage. Whether you're looking for your first home, a smart investment, or a property with room to grow, this home checks all the boxes. Conveniently located close to parks, schools, shopping, transit, and everyday amenities, it's an opportunity you won't want to miss.
Listed by KELLER WILLIAMS REFERRED URBAN REALTY.
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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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