15 Kensington Avenue
Chinatown, Toronto
$1,799,000
Bedrooms: 3
Bathrooms: 2
Living Area: 1,500 sqft
Price Per Sqft: $1,199.33
About this Duplex
in Chinatown, Toronto
This exceptional mixed-use **commercial/residential** property offers the perfect live-and-work opportunity in a highly desirable location. Featuring a versatile layout with commercial space on the main level and residential living above, this property is ideal for business owners, investors, or multi-generational families seeking flexibility and income potential. The main floor office space offers the possibility of adding a kitchen to create a self-contained residential unit, allowing for duplex-style living and enhanced rental income opportunities.Whether you are looking to operate your business while living on-site, generate supplementary rental income to help support your mortgage, or create a generational investment property, the possibilities here are endless. A rare opportunity to own a property that combines lifestyle, functionality, and long-term investment potential all in one.
Listed by T-ONE GROUP REALTY INC.,.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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