80 Manning Avenue
Bellwoods, Toronto
$1,200,000
Bedrooms: 4
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $800.00
About this Townhouse
in Bellwoods, Toronto
In Trinity Bellwoods, flexibility is everything-and this Victorian delivers it in spades.Live in one unit and let the other two work for you, with a projected $7,100 a month in gross rental income. That's your mortgage largely taken care of while you build equity in one of Toronto's most coveted neighbourhoods. And with a few easy updates, the upside gets even better.Three self-contained apartments: a one-bedroom on the main floor, a one-bedroom basement suite, and a bright two-bedroom upper unit with its own kitchen, generous living area, and private rooftop deck. Effortless conversion back to a stunning 4+1 bedroom single-family home whenever you're ready. Freshly painted, full of Victorian character, and turn-key ready. Access to basement entrance and backyard via Robinson Lane, just south of property. Steps to Trinity Bellwoods Park, Queen West, Ossington, and transit. This is the rare opportunity where lifestyle, income, and future potential all live under one roof.
Listed by RE/MAX HALLMARK REALTY 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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