278 Clinton Street
Little Italy, Toronto
$1,149,000
Bedrooms: 3
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $1,044.55
About this Semi-Detached
in Little Italy, Toronto
Welcome to 278 Clinton Street, a semi-detached home legally registered as a duplex in one of Toronto's most sought-after neighbourhoods. A fantastic opportunity for contractors, investors, & end-user buyers looking to customize a property to their own style & needs. The main floor features a spacious & open concept living & dining room with soaring 9.5 ft ceilings & preserved original details including hardwood flooring, wood casing, oversized baseboards, & crown moulding. With 3 bedrooms & 2 full bathrooms, plus a basement with a separate entrance that has been underpinned to provide excellent ceiling height, the home offers a flexible layout with unlimited potential. Further, the attic holds the possibility of becoming an additional half storey or loft space (buyers to complete their own diligence). Updates include New Roof (2024), New Eaves & Downspouts (2024), New Hot Water Tank (2024), Newer Furnace (approx. 2015) and Newer Air Conditioning (approx. 2015). Situated steps to Bloor Street, Christie Pits Park, the TTC, Christie Subway Station, & with College Streets vibrant Little Italy, Koreatowns shops & restaurants, & the University of Toronto all nearby, the location is unbeatable. Rear parking (via laneway) for 1 car, though the owners have comfortably parked 2 cars for many years without issue. Blending family-friendly community living with the best of Toronto's urban lifestyle, this property offers a rare chance to transform a home in a prime downtown location.
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.
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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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