350-354 Vaughan Road

Cedarvale, Toronto

350-354 Vaughan Road, Cedarvale, Toronto

$1,798,000

Bedrooms: 0

Bathrooms: 0

Living Area: 700 sqft

Price Per Sqft: $2,568.57

About this Land

in Cedarvale, Toronto

A prime investment opportunity: a vacant lot with approved plans for the construction of 3 detached houses, each approximately 2,300 sq ft, with 4 levels and a rooftop terrace. The development includes detached garages with lane access. With water, sewer, and gas services already in place, the property is ready for building permit application. This lot is part of a 9-unit development situated at the corner of Cherrywood and Vaughan Rd.

Listed by RE/MAX PRIME PROPERTIES - UNIQUE GROUP.

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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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Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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