131 George Street

Moss Park, Toronto

131 George Street, Moss Park, Toronto

$1,149,000

Bedrooms: 1

Bathrooms: 2

Living Area: 1,500 sqft

Price Per Sqft: $766.00

About this Duplex

in Moss Park, Toronto

Welcome to 131 George Street in the heart of Moss Park. Rare opportunity to acquire a legal 3-storey mixed-use duplex with CRE zoning in one of Toronto's fastest-evolving downtown neighbourhoods. Extensively renovated and expanded under current ownership, the property offers approximately 2,063 sq.ft. of versatile living and working space. Currently configured as two fully independent units, the property features a professionally designed 2-level office occupying the second and third floors and a separate 1-bedroom residential suite spanning the main floor and lower level. The office component offers bright open-concept workspaces, private office space, kitchenette facilities, washroom amenities, boardroom space and a spectacular rooftop terrace. The residential suite enjoys a private ground-level patio and is currently tenanted. An exceptional opportunity for owner-users, investors and professionals seeking a distinctive downtown presence. Ideal for professional offices, law firms, accounting practices, consulting firms, design studios, architectural firms, healthcare professionals, therapists, creative agencies and entrepreneurs looking for a flexible live/work environment in Toronto's urban core. Notable improvements include extensive renovations and expansion, modern concrete board and stucco exterior, mostly updated vinyl casement windows, hardwood and laminate flooring, pot lighting, updated HVAC systems and numerous mechanical upgrades throughout. Ideally situated steps to public transit, parks, hospitals, St. Lawrence Market, the Distillery District, the Financial District, George Brown, TMU, the Gardiner Expressway and the Don Valley Parkway. A unique opportunity to acquire a versatile mixed-use asset in one of Toronto's most dynamic and rapidly transforming neighbourhoods.

Listed by HARVEY KALLES REAL ESTATE LTD..

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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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