417 Sherbourne Street

South St. James Town, Toronto

417 Sherbourne Street, South St. James Town, Toronto

$1,649,000


Bedrooms: 4

Bathrooms: 4

Living Area: 2,500 sqft

Price Per Sqft: $659.60


About this Multiplex

in South St. James Town, Toronto

A Sure bet on Sherbourne! A glorious investment opportunity awaits via the epicenter of downtown vibrancy, at 417 Sherbourne Street. This solid, character filled detached property, is a well maintained multiplex with 4 units - 3-1 bedroom and 1-2 bedroom. It sits on a 30 ft frontage with private drive and detached garage. Just steps from lively Carlton St, Parliament St and Cabbagetown, this prime location offers unparalleled access to downtown Toronto, blending historic "Edwardian" charm with modern convenience. Enjoy immediate and easy TTC access - just 1 bus ride to either Sherbourne station or Sugar beach! This bustling neighborhood offers a bevy of cafes, restaurants and shops. Only minutes to UofT, TMU, Eaton Centre and Church/Wellesley Village. Experience exceptional walkability - a 97 walk score - and easy commutes surrounded by Greenspace, Allan Gardens, Riverdale Farm and interspersed, serene parks. Ideally positioned in an evolving and high demand area with rapidly appreciating property values. Come invest for the long haul and experience the best of both worlds - historic significance and a thriving downtown pulse!

Listed by HOMELIFE/CIMERMAN REAL ESTATE LIMITED.


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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:
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CMHC Prem.:
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Monthly P&I:
* This material is for informational purposes only.

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