6 Ferndale Avenue

Moore Park, Toronto

6 Ferndale Avenue, Moore Park, Toronto

$4,500,000


Bedrooms: 4

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $2,250.00


About this Duplex

in Moore Park, Toronto

Excellent investment opportunity at 6 Ferndale Avenue, major intersection at Yonge and St. Clair! This 3-storey detached offers 3 self-contained units, each featuring a full kitchen and in-suite stacked washer & dryer-ideal for strong rental income or multi-generational living. The basement includes a separate entrance to a 1-bedroom apartment with a full kitchen and stacked washer & dryer. The property is equipped with 4 separate 100 AMP hydro meters. Ample parking with 5 reserved spaces (currently rented $900.00 per month). Located in a rapidly evolving neighborhood, with surrounding new developments enhancing the area's lifestyle, amenities, and long-term growth potential. Conveniently walking distance to St. Clair TTC station, Library, Loblaws and Farm Boy grocery stores, across the street to Deer Park Jr/Sr Public school, park trail and mor

Listed by BAY STREET GROUP 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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