1131 Avenue Road
Eglinton, Toronto
$2,299,900
Bedrooms: 8
Bathrooms: 4
Living Area: 5,000 sqft
Price Per Sqft: $459.98
About this Multiplex
in Eglinton, Toronto
Prime Avenue Road Fourplex Near Upcoming Subway! Rare opportunity to acquire a 4-unit property in a high-demand Avenue Road location, just steps to the new subway expansion. Ideal for investors or end-users looking for long-term upside. Property features one vacant unit-perfect for immediate occupancy or market rent-plus three tenanted units providing stable income. Building is tired and in need of updating, offering significant value-add and repositioning potential. Excellent candidate for: Renovation and rent lift multi-generational living Long-term hold in a rapidly improving transit corridor Seller may consider holding financing, adding flexibility for qualified buyers. Strong location, solid fundamentals, and clear upside-an opportunity to unlock value. Buyer/Buyer's Agent to verify zoning, uses, and measurements. NO VACANT POSSESSION
Listed by HARVEY KALLES REAL ESTATE LTD..
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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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