20 Redwing Place

Don Mills, Toronto

20 Redwing Place, Don Mills, Toronto

$1

Bedrooms: 7

Bathrooms: 6

Living Area: 3,500 sqft

Price Per Sqft: $0.00

About this Multiplex

in Don Mills, Toronto

"Welcome to 20 & 20A Redwing Place! The owner has applied for a permit to upgrade the property into a 5-plex without demolishing the two existing houses in the heart of Don Mills. The original semi has been totally renovated, with a brand-new main and upper floor featuring 3 bedrooms, 2 baths, and a spacious kitchen, living, and dining area.Number 20A, with over 4,800 sq. ft. including the basement, has also been recently renovated. It features a large entryway, main-floor laundry, a sun-filled living and dining area, a family room, and a massive eat-in kitchen with a walkout to the deck and a large, private backyard. Upstairs, you will find a spacious primary bedroom with a walk-in closet, a 6-piece ensuite, and 3 other huge bedrooms. The basement is being modified into two 2-bedroom apartments with a separate entrance. The 2-car garage will be replaced by a new 2-story garden suite, and the driveway is being updated to fit 7 cars. With a lot size of over 10,000 sq. ft., this is an incredible investment opportunity: enjoy 5-plex living, rent out four units while living in the fifth, or rent out all five-the possibilities are endless! "Key Improvements Made. All staging are virtual

Listed by RE/MAX REALTRON 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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