69 Palmerston Avenue
Bellwoods, Toronto
$1,699,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $1,132.67
About this Townhouse
in Bellwoods, Toronto
A rare opportunity to own a fully turnkey, three-unit investment property in the heart of Trinity Bellwoods - one of Toronto's most desirable and walkable neighborhoods. Just steps from the park and surrounded by hotspots like Little Italy and the Ossington strip, this location offers unmatched access to restaurants, boutiques, galleries, a vibrant Farmers Market and everything urban imaginable. Excellent tenants generate a solid net income of about $76,000 annually. With consistent rental demand and low vacancy, it's a truly hands-off asset in a high-demand location. Whether you're a seasoned investor or looking for a stable entry into the market, this property delivers style, income, and location - all in one timeless package! Significant upgrades - flat roof (2022), outdoor LED sensor Lighting (2022), vinyl siding w/ 10-year warranty (2020), high-efficiency furnace 70,000 BTU Ducane (2018), A/C w/ 10-year warranty (2019), 100 AMP electrical mast & hydro meter (2018), roof on rear of home (2017), basement kitchen & interior reno (2016).
Listed by SUTTON GROUP-ASSOCIATES REALTY INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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