490 Gladstone Avenue

Dufferin Grove, Toronto

490 Gladstone Avenue, Dufferin Grove, Toronto

$1,790,000


Bedrooms: 5

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $1,193.33


About this Townhouse

in Dufferin Grove, Toronto

Welcome to 490 Gladstone Ave, a remarkable renovated 3-storey triplex offering an exceptional combination of scale, sophistication, income potential & flexibility in the heart of Toronto's vibrant west end. Thoughtfully renovated down to the studs, this impressive property features 5+1 bdrms & 3.5 baths, w/ private entrances serving the main floor, 2nd floor & finished bsmt, each w/ a private bathroom, full kitchen & laundry area.Designed w/ versatility in mind, this property presents an outstanding opportunity for investors, multi-gen families or an owner-occupier seeking additional income. A buyer can live in 1 unit while renting out the other 2, helping offset carrying costs & generating rental income. Alternatively, it can be maintained as a multi-unit investment or enjoyed by a large or extended family seeking to live together while maintaining distinct, private spaces.Contemporary finishes are showcased throughout, including laminate flrs, quartz countertops in the kitchens & bathrooms, & SS appl in all 3 kitchens. The finished bsmt further expands the living space & possibilities. Outdoor living is equally impressive, w/ a large rooftop terr & spacious backyard offering exceptional spaces for entertaining & relaxing. A rear lane parking space adds valuable convenience, w/ potential for possible laneway house. Private 3rd party mortgage may be available for qualified purchasers(discuss w/LA). Just steps from Dufferin Subway Stn, Dufferin Grove Park & an array of neighbourhood amenities, w/ Christie Pits, Dufferin Mall, schools, Bloor St shops, restaurants & cafés all within reach. Enjoy the best of west-end Toronto living w/ seamless access to transit & downtown.Whether envisioned as an income-producing triplex, owner-occupied property w/ rental income, multi-generational residence or property w/ laneway house potential, 490 Gladstone Ave offers a rare combination of quality, functionality & opportunity in one of Toronto's most desirable neighbourhoods.

Listed by AXON CAPITAL REALTY ADVISORS 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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