312 ATLAS Avenue

Oakwood Village, Toronto

312 ATLAS Avenue, Oakwood Village, Toronto

$1,299,000


Bedrooms: 2

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $649.50


About this Triplex

in Oakwood Village, Toronto

Welcome to 312 Atlas Avenue, a solid all brick legal triplex in the heart of Oakwood Village, offering a rare opportunity for investors seeking a fully tenanted, income generating property in a prime Toronto location. This well-maintained building features three self-contained units including two spacious 2-bedroom suites and one 1-bedroom unit, all currently rented, providing immediate and stable cash flow. With four separate hydro meters and coin operated laundry on site, there is added convenience for tenants and additional income potential for the owner. The property includes a private driveway with parking for up to four vehicles at the rear, a highly desirable feature in this central neighborhood. Key updates include a newer roof and boiler within the past five years. Ideally located steps to Cedarvale Park, Leo Baeck, shops, restaurants, transit, Allen Road, Eglinton West Station and the upcoming LRT, this is a high demand rental area with strong long term appreciation potential. An exceptional turnkey investment in one of Toronto's most connected and evolving communities.

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC..


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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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