Detached Home For Sale

$735,000

29 Southwell Drive , Toronto, ON, M3B 2N8

Owner`s Description

Detached 4 Bedroom plus family room, Side Split Home with 4 Levels and more room than you may think!
Lot Backs on to Park with very quiet setting!
Advantages (location & investment potential are outstanding)
â¢Great Don Mills location in area being revitalized
â¢Great Investment potential / beside million dollar homes
â¢60ft x 110ft lot size is 6,600 square feet of lot
â¢Close proximity to downtown, schools, shopping
â¢Easy access to 401 & DVP highways
â¢Park behind home is makes for private setting
â¢Close to Edward Gardens, Don Mills Outdoor Mall,
â¢Close to Bayview Mall, Bond Park for Tennis, Baseball
â¢Close to North York and Sunnybrook Hospitals
â¢Structure of home is sound and has great fixer up potential with complete renovation
â¢Closet space in bedrooms, hallways, kitchen larger for a home of this generation
â¢Very competitively priced lot and home for the area, width of lot and backing on to park
â¢Very difficult to find homes in Toronto that back on to park in private setting like this
â¢Mature trees on main street in the neighborhood and in the park
â¢Community Park behind house maintained by the city also has playground area for kids
â¢Bus Service on Leslie Street to downtown a walk away
â¢Private Sale - Sales Agents welcome to sell home for a negotiated fee with vendor

Property Features

Appliances: Fridge, Stove	Floor Covering: Carpet, Hardwood, Linoleum, renovation needed
Basement: Unfinished	Bathroom: Bath and shower
External Facing: Brick	Garage: None
Driveway Details: Concrete	Parking Spaces: 4
Exposure: None	Location Details: Close to All Services, Highway Access, Near Park, Near Schools, No Backyard Neighbors, Panoramic View, Public Transportation, Ravine Setting, Recreational/Community center, Private backs on to Southwell Community Park

Property Costs

Property Taxes:
$4,000 / year

Location Map

Map		Neighborhood Information		Street View

Property Summary
Property ID:	5227
Property Cat:	Detached Home
Property Type:	Homes
Beds:	4
Baths:	2
Size:	1,763 including basement
Lot Dimensions:	60 ft X 110 ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $735,000.00 is $21,600.00 and the annual property tax based on Assessment value of $735,000.00 is $5,828.00."

* The land transfer tax formula for Ontario

$0 to $55,000.00 - land transfer tax is 0.5% plus $55,000.00 to $250,000.00 - land transfer tax is 1.0% plus $250,000.00 to $400,000.00 - land transfer tax is 1.5% plus $400,000.00 and up - land transfer tax is 2.0%

Plus

* The land transfer tax formula for Toronto, ON

$0 to $55,000.00 - land transfer tax is 0.5% plus $55,000.01 to $400,000.00 - land transfer tax is 1.0% plus $400,000.00 and up - land transfer tax is 2.0%

The annual property tax for Toronto ON

Assessment Value of $735,000.00

Total Tax is: $5,828.00*
$1,698.00 goes to Education
$4,130.00 goes to the City

The total property tax is divided between city tax and education tax. A portion of this tax goes to fund the Province's Education system.

For 2011 the municipal tax rate is 0.5619218%.
For 2011 the education tax rate is 0.231000%.
The total tax rate for 2011 is 0.7929218%.

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