61 Talbot Road
Newtonbrook West, Toronto
$1,345,000
Bedrooms: 3
Bathrooms: 5
Living Area: 1,500 sqft
Price Per Sqft: $896.67
About this Detached
in Newtonbrook West, Toronto
Attention Investors, Builders, and End Users! Rare income-generating opportunity in the highly sought-after Yonge/Finch area, featuring a versatile, self-contained layout with separate kitchens, laundries, and private access on every levelideal for multi-family living or strong rental returns. The main floor offers a spacious living room, dining area with walkout to the backyard, an open-concept kitchen, and a bedroom with a full bath. The second floor includes a private entry from the front door, creating a 2-bedroom suite, or can connect to the main floor through the living room for a flexible 3-bedroom layout. The bright walk-up basement features three bedrooms, two full baths, and its own kitchen and laundry, perfect for rental income. Just a 10-minute walk to Finch Subway Station, this property combines a prime location with unmatched versatility, making it ideal for investors seeking cash flow, builders planning redevelopment, or end users looking for a home with income support. Endless possibilities await!
Listed by AIMHOME REALTY INC..
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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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