7 Humberview Crescent
Weston, Toronto
$1,130,000
Bedrooms: 5
Bathrooms: 3
Living Area: 2,000 sqft
Price Per Sqft: $565.00
About this Detached
in Weston, Toronto
An incredible opportunity to restore this stately 1920s residence to its former glory! Tucked away on picturesque Humberview Crescent, one of Weston's most distinctive and rarely available enclaves, this substantial five-bedroom brick home sits on a generous 50 x 120 ft lot in an extraordinary setting overlooking the Humber River valley.Surrounded by mature trees, lush greenery and parkland, the cottage-like ravine setting offers a peaceful haven within the city. Situated on a quiet cul-de-sac, the property enjoys proximity to the Humber River walking trails, greenbelt and Weston Golf and Country Club.Built circa 1928, this grand old dame showcases the character, generous proportions and architectural presence of a bygone era. Spacious principal rooms, four second-floor bedrooms, a third-floor bedroom and a full-height basement with a separate entrance provide an exceptional foundation for a thoughtful restoration.Adding to its intrigue, the sellers report that the home may have been built by the builders of Toronto's iconic Maple Leaf Gardens and Eaton's College Street, a fascinating historical connection that has yet to be verified.Requiring significant renovation, this distinctive property presents a rare opportunity for a contractor, renovator or discerning buyer with the vision to restore its original grandeur.More than a renovation project, this is an opportunity to preserve and reimagine a piece of old Weston in one of the neighbourhood's most remarkable settings..In addition, this home also enjoys the benefits of nearby local amenities, shopping, resaturants and excellent transit including TTC, Go and Up Express. Minutes to the 401 and 400.
Listed by RE/MAX HALLMARK REALTY 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
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| * This material is for informational purposes only. | |||
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