229 Bellwoods Avenue
Bellwoods, Toronto
$1,949,900
Bedrooms: 6
Bathrooms: 5
Living Area: 2,500 sqft
Price Per Sqft: $779.96
About this Detached
in Bellwoods, Toronto
Nestled in one of Toronto's most sought-after neighborhoods, this beautifully newly renovated two-story detached home presents a rare opportunity for both homeowners and investors. Zoned for residential and commercial use, this versatile property features a thoughtfully designed layout with four spacious bedrooms, a separate entrance to the basement, and two additional one-bedroom apartments, providing excellent potential for rental income. With the ability to convert it into five separate entrance units, this remarkable home is perfect for generating significant rental revenue. The well-kept interior reflects meticulous care and attention to detail, making it move-in ready for a single-family end-user or an astute investor. The expansive basement offers incredible possibilities for further customization to maximize its use. Ideally located just steps from College Street and Dundas Street, residents can enjoy a vibrant atmosphere filled with dynamic nightlife, trendy cafes, diverse restaurants, boutique shopping, and everyday essentials. The area is also well-served by public transit (TTC), top-rated schools, and the iconic Trinity Bellwoods Park.
Listed by CENTURY 21 KING`S QUAY 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
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| * This material is for informational purposes only. | |||
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