12 Murellen Crescent
Victoria Village, Toronto
$1,110,000
Bedrooms: 3
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,585.71
About this Semi-Detached
in Victoria Village, Toronto
This 3+1 bedroom bungalow (with a large attic primed for conversion into a cozy loft) is brimming with potential for both investors and homeowners. For investors, the home features separate upper and lower units, providing an excellent opportunity for rental income. For families, the layout offers the flexibility to live in one unit while the other helps offset your mortgage, or you can comfortably accommodate in-laws, or even a nanny suite. Additional highlights include abundant storage throughout, a cozy gas fireplace, and plenty of natural light. The basement features a walkout to a low-maintenance, spacious backyard. Whether you're an investor looking for great returns or a family seeking a versatile living space, this property has the potential to meet all your needs. Don't miss the opportunity to buy this unique home.
Listed by RIGHT AT HOME 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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