54 Touraine Avenue

Clanton Park, Toronto

54 Touraine Avenue, Clanton Park, Toronto

$3,250,000

Bedrooms: 12

Bathrooms: 16

Living Area: 5,000 sqft

Price Per Sqft: $650.00

About this Fourplex

in Clanton Park, Toronto

Brand new construction. Built in 2025. Never lived in. 3-storey fourplex. There are 4 separate units with 4 separate entrances. VENDOR TAKE BACK MORTGAGE AVAILABLE! Located in the heart of Clanton Park. Bathurst/ Wilson/Allen Expressway. 4 parking spots located at the rear. 1,470 sq ft each unit (5880 sqft total). Ideal for investors, no rent control. Total of 12 bedrooms, 6 washrooms and 20 appliances included. Hot water tank rental$56.99 per month per unit ($56.99x4). Each unit has a separate furnace and Air Conditioning unit. **0% INTEREST (UP TO 30 MONTHS) VTB DETAILS:With 35% down, the vendor will offer a 65% 3-year open mortgage at 2.75% (first year interest free)With 50% down, the vendor will offer a 50% 3-year open mortgage at 2.75% (18 months interest free)With 75% down, the vendor will offer a 3-year open mortgage at 2.75% (30 months interest free).

Listed by CAPITAL NORTH REALTY CORPORATION.

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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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