41 Lakeview Avenue
Bellwoods, Toronto
$1,650,000
Bedrooms: 4
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $1,100.00
About this Semi-Detached
in Bellwoods, Toronto
***Prime Income-Producing Property In The Heart Of Trinity Bellwoods!*** Welcome To 41 Lakeview Ave, A Well-Kept 2-Storey Duplex Offering A Fantastic Opportunity For Both Investors And End Users. Currently Generating Approximately $89,424 In Gross Annual Rental Income, This Property Offers Strong Income Potential In One Of Toronto's Most Sought-After Neighbourhoods. Updated Interiors And Quality Finishes Add To The Property's Appeal, While The Established Tenancies Provide An Immediate Source Of Rental Revenue. An Ideal Option For A Savvy Investor Looking To Expand Their Portfolio Or A Buyer Who Wants To Occupy Part Of The Property While Benefiting From Additional Rental Income. Surrounded By The Best Of City Living With Easy Access To Transit, Parks, Schools, Shops, Restaurants And Everyday Essentials. A Rare Opportunity To Own A Versatile Income Property In The Vibrant Trinity Bellwoods Community!
Listed by VILENSKY REALTY.
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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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