275R Lansdowne Avenue

Little Portugal, Toronto

275R Lansdowne Avenue, Little Portugal, Toronto

$199,900


Bedrooms: 0

Bathrooms: 0

Living Area: 700 sqft

Price Per Sqft: $285.57


About this Other

in Little Portugal, Toronto

Rare Opportunity to Acquire a Detached Garage Building Configured as Two Separate Double Car Garages, Offering Parking for Up to Four Vehicles in Toronto's Highly Desirable Brockton Village Neighbourhood. Situated on a Well-Established Laneway with Excellent Access, This Unique Property Provides Exceptional Flexibility for Vehicle Storage, Collector Cars, Contractor Equipment, Workshop Space or Personal Storage. Toronto Hydro Has Confirmed the Feasibility of Bringing Hydro Service to the Property. Buyer Will Be Required to Obtain the Necessary Building Permit(s) and Complete the Toronto Hydro Service Connection Process at the Buyer's Expense. An Outstanding Opportunity for Investors, Nearby Property Owners, Small Business Owners and Automotive Enthusiasts Seeking Secure Off-Street Parking in a High-Demand Urban Location. Zoned CR 2.5 (c1;r2) (Mixed Commercial Residential), Offering Future Potential Subject to Buyer Verification of Zoning, Permitted Uses and All Required Municipal Approvals. Conveniently Located Steps to Dundas Street West, Lansdowne Avenue, TTC Transit, Local Shops, Restaurants, Parks and Minutes to Downtown Toronto. Rarely Does a Stand-Alone Garage Property of This Size and Configuration Become Available. Property Being Sold in "As Is, Where Is" Condition. No representations or warranties by seller.

Listed by CENTURY 21 MILLENNIUM 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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