1 Mayo Drive

Rustic, Toronto

1 Mayo Drive, Rustic, Toronto

$999,900


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,428.43


About this Detached

in Rustic, Toronto

Rare Detached Home on an Exceptional 42' x 177' Lot! Welcome to this versatile detached 3-bedroom home, ideally situated on a quiet, child-friendly cul-de-sac and adjacent to the desirable Maple Leaf Park. Set on an impressive 42-foot frontage with approximately 177 feet of depth, this property offers an abundance of space, privacy, parking, storage, and potential.The main floor features hardwood flooring throughout, with the exception of the kitchen, which offers durable ceramic flooring, and the living room, where broadloom is laid over the hardwood. The spacious layout includes a third bedroom converted from the original dining room, providing excellent flexibility for a growing family, home office, or guest room.The home offers three separate entrances - front, side, & rear - providing convenient access and excellent potential for a variety of living arrangements. The fully finished basement adds even more usable space, featuring a second eat-in kitchen, large recreation room, second bathroom, and two generously sized cantinas/storage areas.One of the property's standout features is the rare detached tandem garage, approximately 30' x 16', ideal for the hobbyist, car enthusiast, workshop, or additional storage. The private driveway provides parking for approximately four vehicles.The exceptionally deep lot continues to impress, with a large rear building spanning approximately 43 feet across the rear of the property, offering substantial additional storage or hobby space. A glass greenhouse provides a dedicated space for gardening and protecting plants during colder weather. The expansive yard offers plenty of room for outdoor enjoyment, gardening, storage, and a variety of uses. Located steps from Maple Leaf Park, Rustic Bakery, St. Fidelis school, Humber Memorial Hospital, major transportation routes, Highways 401 & 400.This home combines space, convenience, & unique features that are increasingly difficult to find in a detached property. A Rare find

Listed by RE/MAX PREMIER 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:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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