14 Afton Avenue

Little Portugal, Toronto

14 Afton Avenue, Little Portugal, Toronto

$1,149,000

Bedrooms: 2

Bathrooms: 2

Living Area: 2,000 sqft

Price Per Sqft: $574.50

About this Semi-Detached

in Little Portugal, Toronto

Mixed-use corner property in prime Little Portugal/Beaconsfield Village, steps to Queen W, Ossington & Trinity Bellwoods. ~1,200 sf ground-flr retail storefront, now VACANT: owner-user, cafe, gallery, office, studio, specialty retail or lease at market. Commercial use legalized via site-specific zoning exception. Renovated 2nd-flr residential unit (2023: bath, flooring, electrical) tenanted at $2,500/mo, below area rents. Deep corner lot w/ Lisgar St frontage & exposure. Value-add in hand: architectural drawings for residential conversion + CofA-approved 2-car garage off the laneway, a rare approval on this street; laneway suite potential. Recent roof repairs & basement structural reinforcement; basement gutted, a clean slate. Classic 1894 brick w/ full storefront exposure. Live/work, invest, convert or hold. Drawings, CofA decision, financials & floor plans available. Buyer to verify zoning, measurements & permitted uses.

Listed by FOREST HILL REAL ESTATE 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

     
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* This material is for informational purposes only.

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