50 Shirley Street W

Little Portugal, Toronto

50 Shirley Street W, Little Portugal, Toronto

$1,429,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $952.67


About this Duplex

in Little Portugal, Toronto

This is 2 1/2 Storey Victorian semi-detached duplex offers three fully self-contained units, each with its own laundry. The home brings in close to $7000 a month in rental income, making it an ideal opportunity for investors. The Main level 1-Bedroom features a spacious open-concept layout with hardwood floors and an updated kitchen, while the Upper Unit 2-Bedroom spans two floors with two bedrooms, a den, and a modern kitchen equipped with stainless steel appliances and granite countertops.Tenants can also enjoy a rooftop deck and a rare double garage. Basement is 1-Bedroom Unit with separate entrance. Major upgrades include a newly installed HVAC system, a 2-ton high-efficiency heat pump, new roof and new roof top deck. It provides efficient and effective heating and cooling.You can enjoy significant energy savings (gas bill) and improved comfort. This property provides the perfect setup for a growing family or an investor looking for rental income. 3 Fridges, 3 Stoves, 2 Dishwashers, 1 Microwave Range, 3 Washer/Dryer Combos and 200 Amp Service. Conveniently located within walking distance to groceries, restaurants, schools, public transit, and more. Please Note All Pictures are taken from previous Listing with permission. Thank you.

Listed by RIGHT AT HOME REALTY.


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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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