462 Ellerslie Avenue

Willowdale West, Toronto

462 Ellerslie Avenue, Willowdale West, Toronto

$1,249,000

Bedrooms: 3

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $1,784.29

About this Detached

in Willowdale West, Toronto

***Extremely Rare Huge 50 ft x 300 ft Lot ----- Investors, Developers, Builders, Renovators & End Users ------ Very rare & precious opportunity ------ Multiplex or Multi-Unit Residential Development***Great Location in the highly sought-after Willowdale West community, North York***This property is not good for a family to move in right, however, it offers exceptional potentials for renovation, expansion, redevelopment, or future investment! As the City of Toronto continues to support increased housing options in residential neighbourhoods, this super expansive lot may present excellent opportunities for redevelopments, subject to zoning by-laws, building permits, and all required municipal approvals, never miss it! Under the impact of AI, the redevelopment of property can meet three critical demands: Multi-Generational Houses, Multiple-Unit Versatility, and Integrated Hybrid Workspaces. This huge lot property is uniquely engineered to meet the emerging requirements, making it a premier opportunity for forward-thinking and motivated investor/builder/devloper! Conveniently located just steps to parks, ravines, greenbelts, schools, public transit, community centre, plaza, shopping, and everyday amenities.

Listed by TAIHOME 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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