137 Blake Avenue

Newtonbrook West, Toronto

137 Blake Avenue, Newtonbrook West, Toronto

$1,650,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $1,500.00


About this Detached

in Newtonbrook West, Toronto

: Rare 6-Lot Development Opportunity in Prime Newtonbrook. Now reintroduced to market with an expanded footprint, this rare 6-lot land assembly offers approximately 1 acre of total site area with an impressive 314 feet of frontage on Blake Avenue and 154 feet on Talbot Road. This prominent corner site sits in the heart of Newtonbrook, a stones throw away from the 3.5 hectare Hendon Park, and just a short 485-metre walk to Finch subway station on TTC Line 1, with seamless connections to GO Transit and YRT. Only 635 metres from Yonge& Finch, this transit-oriented location is surrounded by a dynamic mix of shops, restaurants, and amenities, making it ideal for a future midrise or multi-unit residential development (subject to approvals). With exceptional visibility, scale, convenience, and connectivity, this is a rare opportunity to secure a significant site in one of North Toronto's most dynamic growth corridors. A prime offering for anyone looking to capitalize on strong market demand and intensification potential.

Listed by THE AGENCY.


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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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