5 Archer Street

Little Portugal, Toronto

5 Archer Street, Little Portugal, Toronto

$849,000

Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,212.86

About this Semi-Detached

in Little Portugal, Toronto

Nestled in one of Toronto's most popular West End neighbourhoods, this home offers a greatlocation and lifestyle. You'll be within walking distance to Dufferin Mall, schools, Dufferinand McCormack parks, and a full-service recreation centre complete with pool, skating rink,gym, and playground. Add to that the countless restaurants, cafes, and shops nearby, plus easy access to public transit, and you've got the perfect balance of convenience and community. Currently set up as a single-family residence, the property also includes a finished basement featuring a second kitchen, 4-piece bathroom, walkout, and a large versatile room that can be tailored to your needs whether for extended family, or potential rental income. While the home is a somewhat dated, it has great bones that presents a fantastic opportunity to add your personal touch and unlock even more value. Ideal as a starter home or smart investment, this gem in Little Portugal is ready for its next chapter. Don't miss out!!!

Listed by RE/MAX WEST REALTY INC..

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Photo 0 at 5 Archer Street, Little Portugal, Toronto

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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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