7 Allison Drive

Queensway, Toronto

7 Allison Drive, Queensway, Toronto

$1,499,900


Bedrooms: 4

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $1,363.55


About this Detached

in Queensway, Toronto

Almost 1500 sq ft of renovated space at this price point is rare in Stonegate-Queensway. This detached brick bungalow delivers it, with real flexibility waiting underneath. The main floor keeps life simple: 3 bedrooms (one has been converted to an office with a walk out), new flooring throughout, and a living room anchored by a floor-to-ceiling fireplace and a picture window that pulls in the afternoon light. The newly renovated kitchen is where the mornings actually happen, and the L-shaped dining room opens things up when you have people over. An addition over the garage offers a massive 4th bedroom or flex space. Downstairs, a separate entrance leads to a finished lower level with a fifth bedroom, washroom, and a rec room warmed by a second fireplace. Think in-law suite, guest quarters, or giant playroom that grows with the family. Outside: a fenced, level yard, an attached garage, and private parking for four. The location does the real work here. Steps to Norseman Junior Middle School and the community pool, reach three parks and a dozen rec facilities within 20 minutes on foot, and get to Islington Station in minutes. The Kingsway, the shops along The Queensway, and Bloor West Village are all close. With hwy access just minutes away.

Listed by REAL BROKER ONTARIO LTD..


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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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