156 Sussex Mews

University, Toronto

156 Sussex Mews, University, Toronto

$4,500,000

Bedrooms: 5

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $2,250.00

About this Triplex

in University, Toronto

Nestled amongst the splendid Victorian homes and modern commercial structures of Harbord Village, tucked away on the west side of Sussex Mews, stands this counter-culture Bohemian oasis. Once an industrial building from bygone era of early 1900s Toronto, this 2 storey brick edifice is now home to 3 private residences and is situated on a spectacular 75-foot-wide lot. Perfect for the empty nester, the up and comer, or the visionary developer who wants to create a laneway style, one of a kind chic, urban pied-a-terre or a block of brownstone townhomes, 156 Sussex Mews represents a truly unique real estate investment opportunity in one of the most culturally diverse and vibrant areas in central Toronto. The Main Floor suite features 2 bedrooms, 1 bath, and is an airy, loft-like slice of Soho in Toronto with 10 ft + ceilings. Charming upper-level owners' suite features 2 bedrooms, 1 bath, and is a cozy space with a walkout to a private garden. Garden level suite features 1 bedroom and 1 bathroom with a working wood burning fireplace and a private walkout to a patio lounge space. The property also includes a separate stucco structure as per the survey, previously used as an artist studio with access to the side yard.

Listed by CHESTNUT PARK REAL ESTATE LIMITED.

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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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