426 Brunswick Avenue
Annex, Toronto
$3,098,000
Bedrooms: 10
Bathrooms: 7
Living Area: 2,500 sqft
Price Per Sqft: $1,239.20
About this Detached
in Annex, Toronto
Finally a Toronto investment property to get excited about! First, let's talk numbers. 426 Brunswick Ave is currently generating over $178,000 per year resulting in an impressive cap rate of over 4.70%! Second, property renovations and upgrades. 426 Brunswick Ave is the definition of turn key as the property has gone through a complete and meticulous renovation from top to bottom. This includes, but is not limited to, all new mechanical systems, wiring, plumbing, lowered and waterproofed basement, roof, windows, kitchen, bathrooms, floors and more! Roughly 4000 sq ft income producing living space expertly divided and luxuriously finished into 5 separate units. Next, we are moving to future potential/how to add value. This one is easy! Ask for a copy of our Initial Laneway/Garden Home Feasibility study and look into adding a stand alone income producing property on this impressive 25 x 125ft west facing lot! Finally, saving the best for last here, let's talk about location. Everyone knows that the most important thing about Real Estate is... Location, Location, Location! Well, welcome to the Annex. Known as one of Toronto's most coveted and sought after neighbourhoods in the entire city. This perfect location, with zero vacancy rate, is steps to Bloor St, Ttc, U of T, George Brown, Distinguished Private Schools, Beautiful Parks, Harbord Village, Yorkville, Fine Dining, Community Centres & so much more! Come and take a look and you will quickly see how 426 Brunswick stands out as the clear choice for your first, or next, Toronto investment property!
Listed by FREEMAN REAL ESTATE LTD..
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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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