405 Westmount Avenue

Oakwood Village, Toronto

405 Westmount Avenue, Oakwood Village, Toronto

$1,199,000


Bedrooms: 6

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $1,090.00


About this Detached

in Oakwood Village, Toronto

Rare Opportunity In The Heart Of Central Toronto! Spacious Detached 2 1/2 Storey Home Situated On A Large Lot Featuring Three Self-Contained Units With Separate Entrances - Ideal For Investors, End Users Or Multi-Generational Living. Currently Configured As One 2-Bedroom, One 1-Bedroom, And One Spacious Open Concept 4-Bedroom Unit. Great Potential For A Garden Suite And Easily Converted Back Into A Stunning Single Family Home. Incredible Opportunity To Renovate, Customize Or Generate Strong Rental Income. Prime Location Just Steps To Transit, Cafes, Restaurants, Shops & The Eglinton LRT. Minutes To Allen Rd & Hwy 401. A Fantastic Opportunity In A Highly Desirable Neighbourhood!

Listed by GILBERT 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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