1458 Bayview Avenue

Mount Pleasant East, Toronto

1458 Bayview Avenue, Mount Pleasant East, Toronto

$2,800,000

Bedrooms: 8

Bathrooms: 7

Living Area: 2,500 sqft

Price Per Sqft: $1,120.00

About this Multiplex

in Mount Pleasant East, Toronto

This is a rare and exceptional opportunity to acquire an entire, professionally managed multiplex building featuring four legal, self-contained units in one of Toronto's most desirable neighbourhoods. This secure and income-generating property is the ultimate addition to any serious investor's portfolio. The building spans three storeys, with each above-grade floor hosting its own premium unit, complemented by an additional legal basement apartment. Each of the three upper level units boasts a highly desirable layout, featuring 2 bedrooms, 2 washrooms, high-end modern kitchens, a cozy gas fireplace, and the convenience of in-suite laundry facilities. The basement unit includes 2 bedrooms, 1 bathroom and separate laundry. Furthermore, the property is designed for optimal management and compliance: it is fully compliant with the Fire Safety provisions of the Ontario Fire Code, has been professionally maintained, and includes separate electric and gas meters for each unit, minimizing owner utility costs. Exterior features include three private parking spots accessible from the rear and a renovated backyard with dedicated, secure tenant lockers. Situated directly on Bayview Avenue, residents enjoy unparalleled access to premium shopping, dining, and transit options. Don't miss this chance to own a high-quality, fully compliant, and tenanted investment property in a prime location.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.

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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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