393 Ossington Ave
Trinity-Bellwoods, Toronto
$2,149,000
Bedrooms: 5
Bathrooms: 3
Living Area: 2,000 sqft
Price Per Sqft: $1,074.50
About this Detached
in Trinity-Bellwoods, Toronto
Rare opportunity to enjoy Family Friendly living in the core of Toronto located on the worlds 14th coolest street. This Victorian mid-century modern home has been meticulously maintained and upgraded being offered from a loving family for the first time in 65years! Property has been freshly painted with several upgrades to be turnkey ready. Features 5+1 bedrooms, two kitchens (1st & 2nd floors), 3 baths, oak floors throughout, 10 ft high ceilings, upgraded copper plumbing & electrical (220 AMP), enclosed backyard, large detached double car garage, laneway housing has been approved in area above garage and fits 2 SUVs with access to double private laneway. Features a rare view of the CN Tower from the top floor. Steps to the prestigious Trinity-Bellwoods park, Little Italy, Little Portugal, excellent school district, public transit, trendy restaurants, shops and Ossington nightlife. Perfect canvas to transform the property into a custom income generating property. The basement has a separate entrance which allows the property to be split into 3 separate units. (Income potential of $120K+ per annum) Whether you're looking for a family home or a profitable live in opportunity having your mortgage paid down or add to your investment portfolio, this property is ideal!
Contact L/A for the survey and original building plans, potential kitchen open concept renovation renderings and more information about the cap rate and approval of the laneway housing.
Listed by EXP REALTY.
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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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