185 Steeles Avenue E
Newtonbrook East, Toronto
$1,688,000
Bedrooms: 4
Bathrooms: 5
Living Area: 1,500 sqft
Price Per Sqft: $1,125.33
About this Detached
in Newtonbrook East, Toronto
Prime Investment Property on a Spacious 67 x 120.75 Lot with Steeles Avenue Exposure.** This versatile property offers flexible usage options, having been renovated in 2019 with numerous upgrades. Utilize the main floor as your professional office and rent out the additional units for extra income. The property features an extra-large driveway accommodating up to 7 cars, along with a detached garage. Positioned on the south side of Steeles Avenue in Toronto's Newtonbrook East area, this is an ideal opportunity for investors seeking significant returns. Potential for future development makes this a standout investment. High return income property with 5 individual units.
Listed by RE/MAX REALTRON REALTY INC..
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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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