50 Rose Avenue
South St. James Town, Toronto
$2,595,000
Bedrooms: 4
Bathrooms: 4
Living Area: 3,500 sqft
Price Per Sqft: $741.43
About this Triplex
in South St. James Town, Toronto
An exceptional and versatile triplex in the heart of Cabbagetown, offering the perfect blend of character, generous space, and outstanding investment potential. This grand, heritage-style home features over 3,600 sq ft above grade across three self-contained units, plus an additional 1,500+ sq ft in the basement. Whether you're seeking a spacious owner-occupied residence, a pure investment property, or the flexibility to combine both, this property checks all the boxes. Offering strong income potential in a high-demand rental area. Each unit includes a full kitchen, bathroom(s), and private living space, with charming architectural details throughout: high ceilings, original fireplaces, stained glass, classic hardwood floors, and large principal rooms. The expansive basement is currently configured as separate storage units, but offers exciting potential for a future unit addition or expanded living space over 1,500 sq ft to work with (floor plan attached).Live in one unit and rent the others, convert the entire home into your dream single-family residence, or maintain it as a cash-flowing investment with upside the choice is yours. Steps to transit, parks, shopping, top schools, and the downtown core, Great opportunity to own a substantial piece of Toronto real estate in a well-established and thriving neighbourhood. Floor plan attached
Listed by RE/MAX HALLMARK REALTY 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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