629 Ossington Avenue

Little Italy, Toronto

629 Ossington Avenue, Little Italy, Toronto

$1,299,000


Bedrooms: 5

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $866.00


About this Semi-Detached

in Little Italy, Toronto

Situated in the heart of Toronto's bustling West End is 629 Ossington. Lovingly maintained 3 storey home with 1,950 square feet above grade and an oversized 806 square foot lower level. The main portion of the house acts as an impressive owner's suite with 5 bedrooms and 2 washrooms (with/ powder room on the main floor). Timeless original features throughout the property include strip hardwood flooring + the original wooden staircase bannister. Classic features in a house equipped with modern-day amenities such as forced air furnace heating and central air cooling! The lower level is a self-contained suite which acts as a lovely in-law suite or perhaps could offer a savvy buyer rental income potential in the future. Full ceiling height in the lower level of 7.5 feet!! With its own separate entrance and cold room for storage. Newly waterproofed w/ sump pump and outfitted with a new washroom. All of the heavy lifting is done - now just time to customize to your personalized taste. Private and green east-facing rear garden gives lots of space to enjoy your garden or access the stairs up to your second level and rear deck from the outside of the property. Detached garage gives plenty of options for the future as a laneway suite is being built right across the lane from 629 Ossington Ave.A very solid and well kept home with all of the big tasks already accomplished. A truly valuable opportunity for the discerning and mindful purchaser. The main portion of the house is tenanted - can be provided vacant for personal use. The lower level is provided vacant for closing.

Listed by SAGE REAL ESTATE LIMITED.


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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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