41 Wasdale Crescent

Lawrence, Toronto

41 Wasdale Crescent, Lawrence, Toronto

$3,300,000


Bedrooms: 22

Bathrooms: 11

Living Area: 5,000 sqft

Price Per Sqft: $660.00


About this Multiplex

in Lawrence, Toronto

Discover a rare gem in Toronto's real estate landscape: a meticulously maintained 3-storey multiplex featuring 11 self-contained, 2-bedroom units, each approximately 750 sq ft. This solid brick building offers a blend of modern upgrades and reliable income potential, making it an ideal addition to any investor's portfolio. Each apartment boasts a renovated 4-piece bathroom, with 8 units featuring updated kitchens adorned with quartz countertops and luxury laminate flooring. Five units have been completely gutted and remodelled to meet contemporary standards. The electrical panel was upgraded to breakers five years ago, and LED lighting has been installed throughout. The commercial-grade blue-skin flat roof, installed eight years ago, offers durability with an expected lifespan of 40 years. Tenants benefit from separately metered hydro accounts, on-site coin-operated laundry facilities, individual lockers, and dedicated parking spaces. Security is enhanced with six fixed cameras and an intercom system, ensuring peace of mind for residents. Situated in a vibrant Toronto neighbourhood, 41 Wasdale Avenue is just an 11-minute bus ride to Yorkdale Station, providing seamless access to the Yonge-University subway line. This prime location ensures tenants can easily navigate the city, with downtown Toronto reachable in approximately 27 minutes via public transit.

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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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