14 Spears Street
Smythe, Toronto
$929,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $844.55
About this Detached
in Smythe, Toronto
14 Spears St. - Ravine Lot | Fully Renovated | Separate Basement Entrance | Income Potential Welcome to this beautifully renovated ravine lot offering an ideal blend of style, comfort, functionality and income potential in the desirable Rockcliffe-Smythe neighbourhood. This thoughtfully designed home features 2+2 bedrooms across multiple levels, 3 newly renovated bathrooms, and multiple separate living spaces. The approximately 1,700+ sq. ft. finished living space includes a 700 sq. ft. basement with a separate entrance, offering excellent potential for additional rental income of approximately $1,500/month. The main floor features two spacious bedrooms and a stunning, newly renovated bathroom with a modern standing shower. The bright, open-concept living and dining area flows seamlessly into a stylish, fully renovated kitchen featuring quartz waterfall countertops, a large island and ample preparation and breakfast-bar space. The rear entrance provides convenient access to the fully fenced, private backyard overlooking a beautiful ravine and hilltop setting-perfect for entertaining family and friends throughout the seasons. The second floor is dedicated to a luxurious primary suite, complete with abundant storage cabinetry and a brand-new ensuite bathroom featuring a modern standing shower. The lower level offers an open-concept layout with its own kitchenette, fridge, dishwasher and washer/dryer, currently utilized as a fourth bedroom with a newly renovated ensuite bathroom. The separate entrance provides flexibility for extended family, guests or potential rental use. Additional features include an 11 kW EV charger, private fenced yard and exceptional ravine views. Ideally located minutes from the Stockyards, schools, parks, golf courses, shops, restaurants and major highways. Convenient transit is close by, with TTC service approximately a 3-minute walk away and Weston GO Station approximately a 2-minute drive awa
Listed by TEAM PANAG 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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