204 Berkeley Street

Moss Park, Toronto

204 Berkeley Street, Moss Park, Toronto

$1,525,000

Bedrooms: 3

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $1,016.67

About this Townhouse

in Moss Park, Toronto

Are you looking for an investment property with perfect tenants? Or a home of your own with tenants paying the mortgage? This is it! Well maintained legal triplex in the leafy Cabbagetown area. Large windows and high ceilings make all units bright and cheery. Each suite has separate entrances and outdoor space. Apartments 1 and 2 both enter at the front of the house with 2nd separate exits at the back of the building. Apartment 3 enters at the back and has a 2nd exit onto a 2nd floor terrace. Apartment 2, the lower suite, has 8 foot ceilings and is bright with windows front and back. There are pot lights in most areas. Tenants pay their own hydro, 3 hydro meters, heat is electric baseboard with an added heat pump/air conditioner in Apartment 1. Apartment 1 has laundry ensuite. Apartments 2 and 3 share renovated laundry in the basement. The back patio/garden/parking space is fully fenced and private with a gate that locks. Above average home inspection, January 2025. Back lane has a separate address: 201 Milan St. Great potential to build a laneway house.

Listed by SAGE REAL ESTATE LIMITED.

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Virtual Tour
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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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