48 Carr Street
Chinatown, Toronto
$1,265,000
Bedrooms: 4
Bathrooms: 5
Living Area: 1,100 sqft
Price Per Sqft: $1,150.00
About this Townhouse
in Chinatown, Toronto
Great Opportunity To Own A Bright And Spacious End-Unit Townhome Featuring Four Self-Contained Units With Excellent Rental Income! Ideal For Investors Or End-Users Looking To Offset Their Mortgage. The Main Floor And Basement Apartment Includes A Functional Layout With Separate Living, Kitchen, And Three Bedrooms With Two Bathrooms. Two Bachelor Units On The Second Floor Feature Open-Concept Kitchen/Living Areas With Private Full Baths. The Third Floor Offers A One-Bedroom Apartment With A Spacious Kitchen/Living Area And A Full Bath. Current Rent Roll: Main Floor & Basement: $2,650 Bachelor Unit 1: $1,400 Bachelor Unit 2: $1,400 One-Bedroom Apartment: $1,950 Total Monthly Income: $7,400 Utilities Included 1 Parking Space Vacant Possession Possible Great Investment Opportunity With Strong Cash Flow. Conveniently Located Near Transit, Parks, Shops, And Schools.
Listed by NEW ERA REAL ESTATE.
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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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