89 Ellsworth Avenue

Wychwood, Toronto

89 Ellsworth Avenue, Wychwood, Toronto

$2,749,000


Bedrooms: 4

Bathrooms: 4

Living Area: 2,500 sqft

Price Per Sqft: $1,099.60


About this Detached

in Wychwood, Toronto

A Builder's Dream! Or a dream to build around by restoring this grand dame to a splendid single family home! Any way you cut it, #89 puts the "worth" in Ellsworth! Why not buy on one street and build on two?! Realize potential for multiple units/homes! Take advantage of the highly touted Hillcrest/Wychwood neighbourhood and make it happen! This imposing and rare 40 foot wide lot features a majestic, 3 story, duplex, with 4 apartments. It can accommodate a live-in/income scenario with the added opportunity to build, invest and even sever! Do it all! Put the City's relaxed multi-unit zoning to work on this creatively divisible lot, fronting on Ellsworth and the garage fronting on Hocken. Your imagination is your only limitation! Collect your near 100K+ income and comfortably finance your project, while you chase the dream! TTC, Wychwood Barns and all the best St.Clair West has to offer at your doorstep. It's a "no brainer"! Come build... and get to know your (Ells) worth!

Listed by HOMELIFE/CIMERMAN REAL ESTATE LIMITED.


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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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