18 1/2 Bellevue Avenue
Chinatown, Toronto
$699,000
Bedrooms: 4
Bathrooms: 2
Living Area: 1,500 sqft
Price Per Sqft: $466.00
About this Semi-Detached
in Chinatown, Toronto
KENSINGTON MARKET GEM WITH UNLIMITED POTENTIAL! Tucked away just behind the vibrant streetscape of Bellevue Ave, 18 1/2 Bellevue Ave offers a truly unique opportunity in one of Toronto's most eclectic and sought-after neighbourhoods. This distinctive property requires extensive renovation and is being offered as a rare blank canvas for those with vision. Transform it into a one-of-a-kind urban residence, creative retreat, art or music studio, or an inspiring live/work space. Immerse yourself in the unmistakable character of Kensington Market, surrounded by colourful murals, independent shops, vintage finds, cafés, restaurants, galleries and a vibrant arts and music scene. Pedestrian-friendly streets and an exceptionally central location put Chinatown, Queen's Park, University of Toronto, the Art Gallery of Ontario and Downtown Toronto all within easy walking distance. A truly unconventional property in an extraordinary neighbourhood where creativity knows no boundaries. The potential is unlimited for the buyer with vision. Property is being sold strictly WHERE IS, AS IS, with no representations or warranties regarding condition or future use. Buyers to conduct their own due diligence regarding renovations, zoning, permits and intended use. Location is One of Canada's most wanted neighborhood to stay in AIRBNB....(TORONTO STAR)
Listed by SUTTON GROUP-ASSOCIATES 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
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| * This material is for informational purposes only. | |||
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