641 Ossington Avenue
Little Italy, Toronto
$1,599,000
Bedrooms: 4
Bathrooms: 4
Living Area: 1,500 sqft
Price Per Sqft: $1,066.00
About this Semi-Detached
in Little Italy, Toronto
641 Ossington Ave delivers from day one: a semi-detached, fully maintained 3 self-contained units on a 19' x 126' lot in PalmerstonLittle Italy with proven rent and flexible paths for owners. The renovated upper 3-bed/2-bath suite (private entry, hardwood, rooftop deck, parking, central air; water included) is leased to excellent tenants at $3,569.50 /mo who'd love to stay; with proper notice, the largest unit can be owner-occupied later. The main-floor1-bed/1-bath is vacant, reinsulated, with newer fridge and stacked laundry and exclusive use of the paved backyard ready for dining and low-maintenance outdoor living. The renovated 2022 basement 1-bed/1-bath has newer insulation, lighting, kitchen and closet plus keypad entry; shared new washer/dryer for upper and lower. Each unit has a separate entrance. Recent building care includes interior waterproofing, sump pump, redone side-yard concrete for drainage, extensive north-wall masonry/tuck pointing, exterior window sealing, new garage door opener/components, new front-porch railings and carpeted stairs. Out front: a useful porch for coffee or bike storage; out back: a two-car detached garage for parking or storage. Steps to Ossington's restaurants, cafés and shops with TTC, bike lanes and major routes nearby high demand for renters and long-term value for owners. Options abound: live in one and rent two, co-own with privacy, hold as a turnkey investment, or explore converting back to single-family(buyer to verify).
Listed by BSPOKE REALTY 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
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| * This material is for informational purposes only. | |||
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