216 Oakwood Avenue

Oakwood Village, Toronto

216 Oakwood Avenue, Oakwood Village, Toronto

$899,000


Bedrooms: 5

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $449.50


About this Semi-Detached

in Oakwood Village, Toronto

This Recently Renovated Property Is a Great Addition to Any Investment Portfolio. Nestled with in St. Clair West, Oakwood Village and Humewood, You Find This Amidst a Booming Area, Great Schools, Massive TTC Development, Revitalized Shops & Restaurants and Plenty of Park and Outdoor Space. All Work Is Done, Ready For Profit. Large 4-Plex. With A Blend Of Modern Updates & Character Accents, As Well As, Clear Sunset Views From The Upper Units, This Represents A Savvy Option For That Hard To Find Cash Flow or Live In And Collect Rent From The Rest. This Property Also features Garden Suite Potential and Value Added Potential in Several Ways So Don't Wait On This Property.

Listed by RARE REAL ESTATE.


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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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