36 Luverne Avenue

Clanton Park, Toronto

36 Luverne Avenue, Clanton Park, Toronto

$3,450,000


Bedrooms: 12

Bathrooms: 16

Living Area: 3,500 sqft

Price Per Sqft: $985.71


About this Fourplex

in Clanton Park, Toronto

Brand new construction. Finished in 2026. Never lived in. 3-storey fourplex. There are 4 separate units with 4 separate entrances. VENDOR TAKE BACK MORGAGE AVAILABLE! Located in the heart of Clanton Park. Bathurst/Wilson/Allen Expressway. 4 parking spots located at the rear. 1,386 sq ft each unit. Ideal for investors, no rent control. Total of 12 bedrooms, 6 washrooms and 20 appliances included. Hot water tank rental $56.99 per month per unit ($56.99x4). Each unit has a separate furnace and air conditioning unit. VTB DETAILS: With 35% down, the vendor will offer a 65% 3-year open mortgage at 2.75%.

Listed by CAPITAL NORTH REALTY CORPORATION.


Photo 0 at 36 Luverne Avenue, Clanton Park, Toronto

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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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