300 Lake Promenade
Long Branch, Toronto
$3,099,000
Bedrooms: 4
Bathrooms: 4
Living Area: 2,500 sqft
Price Per Sqft: $1,239.60
About this Detached
in Long Branch, Toronto
Incredibly rare sprawling bungalow with unobstructed panoramic views of Lake Ontario & a legal guest house offering excellent potential for supplemental rental income. Completely reimagined by architect & former owner David Cody, this 2,574 sq. ft. residence was thoughtfully designed to embrace its exceptional waterfront setting, offering a remarkable sense of comfort, privacy & tranquility by the lake. The foyer features heated marble floors, vaulted ceilings, built-in cabinetry and custom millwork. The living room offers hardwood floors, vaulted ceilings, double-sided gas fireplace & custom built-ins, with sliders opening to the stone patio with lake & park views. The gourmet chef's kitchen features custom cabinetry, quartz counters, large island with bar seating , & premium Monogram GE, Sub-Zero & Bosch appliances. The adjoining dining area offers direct patio access and expansive park & waterfront views. Primary bedroom includes hardwood floors, vaulted ceilings, a gas fireplace & large windows overlooking the lake and park. The four-piece ensuite offers heated floors, a stone-topped vanity & walk-in closet with built-in organizers. A second bedroom or den features built-in cabinetry, a walk-in closet and walkout to the side yard, deck and hot tub. A front bedroom can be paired with the adjacent four-piece bathroom to create a private guest area. The legal guest house offers excellent flexibility with in-floor heating, vaulted ceilings, gas fireplace & patio access, plus a full kitchen, bedroom, 4 piece bathroom & in-suite laundry. Outside, mature landscaping surrounds an expansive stone patio with pergola & gazebo, all positioned to enjoy panoramic Lake Ontario views. The private side yard includes a deck with pergola and hot tub, plus a large insulated storage building. Two interlock driveways provide ample parking & separate guest house access. A truly unique opportunity combining thoughtful architecture, flexible living and uninterrupted Lake Ontario views.
Listed by Royal LePage Real Estate Services Ltd., Brokerage.
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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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