87 Steeles Avenue E
Newtonbrook East, Toronto
$1,498,000
Bedrooms: 3
Bathrooms: 5
Living Area: 700 sqft
Price Per Sqft: $2,140.00
About this Detached
in Newtonbrook East, Toronto
Located just steps from Yonge Street and within the North Yonge Secondary Plan, offering potential for future mid- to high-rise development (buyer to verify with the City). Prime investment opportunity of a Lot size 55 ft Frontage, Money Making Multi Residential or Walk -in Commercial Prime Location in One of the Most Demanding Business Fronts in North York. 3 Separate units in the basement with potential income of $3000/Month. This highly desirable location offers easy access to the TTC, subway, top-rated schools, Centrepoint Mall, restaurants, parks, and other major amenities-making it ideal for both investors and developers.
Listed by NAVE REAL ESTATE, BROKERAGE 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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