134 Tyrrel Avenue

Wychwood, Toronto

134 Tyrrel Avenue, Wychwood, Toronto

$2,525,000


Bedrooms: 3

Bathrooms: 2

Living Area: 1,500 sqft

Price Per Sqft: $1,683.33


About this Detached

in Wychwood, Toronto

Opportunity awaits in the vibrant Wychwood-Hillcrest neighbourhood! This rare mixed-use corner property has been fully renovated back to the studs and brilliantly reimagined by its owner and talented designer. With its generous layout and unique charm, this property could be transformed into a beautiful, one-of-a-kind family home (renderings attached). Featuring exceptional parking for 6 vehicles including 3 garages this home offers excellent garden suite potential! The first-floor commercial space has been transformed into a bustling Bodega with a walkout to a glorious secret back patio. Above, a completely separate, fully furnished, sophisticated, turn-key two-bedroom apartment with a walkout to deck offers a serene living space or a premium rental opportunity. This property is a true unicorn, ideal for entrepreneurs seeking a high-visibility location to bring their vision to life, whether it's a cafe, shop, studio, office, or something entirely unique; all backed by strong neighbourhood support. Live in the beautifully appointed apartment upstairs, or generate immediate rental income. It's also a prime opportunity for investors looking to lease both residential and commercial spaces. The spacious basement offers ample storage and, with its own separate entrance, is perfectly positioned for future expansion or added income potential. Located in a high-foot-traffic area, just steps from Wychwood Barns (home to the popular Saturday Farmer's Market), Hillcrest Park, top-rated schools, and the vibrant shops and restaurants of St. Clair West, all with quick access to downtown. **Property also listed under Commercial.

Listed by FOREST HILL REAL ESTATE 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


     
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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