73 Hocken Avenue
Wychwood, Toronto
$1,245,500
Bedrooms: 2
Bathrooms: 1
Living Area: 3,000 sqft
Price Per Sqft: $415.17
About this Detached
in Wychwood, Toronto
Location. Opportunity. Execution.Welcome to 73 Hocken Avenue - a rare, fully prepped, shovel-ready development opportunity in the heart of Wychwood, one of Toronto's most desirable and community-focused neighbourhoods.Set on a quiet, tree-lined street, this property is being offered with approved plans and permits already in place, eliminating months of design, approvals, and carrying costs - allowing you to move forward immediately with confidence and certainty.Two exceptional development pathways:Build a thoughtfully designed 3-unit multi-residential property featuring a functional mix of a 1+1 bedroom, 2-bedroom, and 3-bedroom layout - ideal for generating strong rental income, multi-generational living, or long-term investment in a high-demand location.Or create a stunning ~3,300 sq.ft. 3-storey custom detached home with 4 bedrooms, 5 bathrooms, 10' ceilings, expansive principal rooms, and multiple outdoor spaces. The design also allows for the potential addition of a 2-car garage with laneway suite, offering flexibility for extended family, guest use, or additional income potential.This rare offering provides true versatility for builders, investors, and end-users alike - whether your goal is to build and sell, build and hold, or create a fully customized dream home, the groundwork has already been completed.Enjoy the best of Wychwood living - steps to Wychwood Barns, parks, top-rated schools, cafes, restaurants, transit, Loblaws, and everyday amenities, all while being minutes to the downtown core.Property being sold in "as is, where is" condition.Rarely does a property come to market with this level of preparation, flexibility, and upside - build immediately and capitalize on the opportunity. *Property is SOLD AS IS*
Listed by RE/MAX HALLMARK REALTY 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
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| * This material is for informational purposes only. | |||
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