1198 Avenue Road

Lawrence Park South, Toronto

1198 Avenue Road, Lawrence Park South, Toronto

$2,990,000


Bedrooms: 6

Bathrooms: 4

Living Area: 3,000 sqft

Price Per Sqft: $996.67


About this Detached

in Lawrence Park South, Toronto

Attention Builders and Investors! Lawrence Park South One Of Toronto's Best School Zone For Top Rank Public Primary/Secondary Schools, Top Rank Private Schools. Convenient Public Transportations. Attractive Community To New Immigrants/Families With Children. Ideal Investment Opportunity For Stable Rental Income. Great Potential For Future Development. Large 37' X 137' Lot. Mutual Driveway To Backyard Parking. Property Is Well Maintained With Legal Permits. Ground Level 3Bed+1Bath+1 Kitchen + Laundry. Second Level 3 Bed + 1 Bath + 1 Kitchen + Laundry. Lower Front 1 Bed + 1 Bath + 1 Kitchen. Lower Rear 1 Bed+ 1 Bath + 1 Kitchen. Lower Level Share Laundry Room. 4 Surface Parking Spaces.

Listed by RIGHT AT HOME REALTY.


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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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