531 Lauder Avenue
Oakwood Village, Toronto
$2,099,000
Bedrooms: 4
Bathrooms: 4
Living Area: 3,000 sqft
Price Per Sqft: $699.67
About this Detached
in Oakwood Village, Toronto
Rare Investment Opportunity Custom-Built 4-Bedroom Home on One of the Largest Lots in the Area Located on a quiet street in the heart of Toronto, this custom-built corner unit residence offers exceptional potential for both homeowners and investors. Sitting on one of the largest lots on the streetwise parking for up to 7 cars-this property provides a rare opportunity for future redevelopment or multi-unit conversion. The home features hardwood floors, marble and ceramic finishes, custom Italian tiles, oak doors and trim, plus a grand foyer that showcases its scale and character. The 20 x 18 second-floor balcony is ideal for entertaining, while the sprinkler system and 200-amp service add convenience and value. The lower level includes a full apartment with a private side entrance perfect for generating immediate rental income. With thoughtful renovations, this property has the potential to be transformed into a duplex, triplex, or even a multiplex, making it a standout opportunity for long-term growth. Just minutes from downtown Toronto, the Allen Expressway, subway, and transit, this property combines prime location, abundant parking, and redevelopment upside-an opportunity not to be missed.
Listed by ROYAL LEPAGE TERREQUITY 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
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| * This material is for informational purposes only. | |||
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