543 Davisville Avenue

Mount Pleasant East, Toronto

543 Davisville Avenue, Mount Pleasant East, Toronto

$1,279,000


Bedrooms: 2

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $852.67


About this Semi-Detached

in Mount Pleasant East, Toronto

CALLING OUT ALL INVESTORS! Don't miss this incredible opportunity to own a residential property with three self-contained units (as per GEO/MPAC) in highly sought-after Davisville Village, just east of Mt. Pleasant and close to Bayview. This well-maintained property is fully tenanted month-to-month, making it an excellent turnkey investment with immediate rental income and strong future potential. Bsmt unit #1 is a bachelor, main flr unit #2 is a 1 bdrm and upper flr unit #3 is another 1 bdrm unit. All units are in good condition with reliable tenants. 2-car garage off the laneway. Coin-operated laundry in the basement providing extra revenue. Stable income with upside potential. Walk to Bayview Avenue for shopping, restaurants, and services. Easy transit with bus to Davisville subway station. Walking distance to the Leaside LRT station on Bayview. This is a fantastic investment opportunity in a prime midtown location with strong tenant demand and excellent long-term growth potential. See attached Financials for revenue information as provided approximately by Seller. Seller will provide proof of expenses with Accepted Offer. Refer to attached Laneway Advisors Report for potential additional revenue. Both 543 & 545 are available for sale.

Listed by BOSLEY 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


     
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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