260 Clinton Street
Little Italy, Toronto
$1,880,000
Bedrooms: 4
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $1,709.09
About this Semi-Detached
in Little Italy, Toronto
Great Investment Opportunity in Toronto's vibrant Palmerston-Little Italy neighbourhood! Fully tenanted semi-detached income property generating $7,300/month ($87,600 annually) in gross rental income. The rear lane Parking Surface may offer potential for a future Rear Lane Suite in accordance with the City of Toronto's Additional Residential Units (ARU) program. Buyers to verify independently. Convenient access to TTC, Christie subway station and the University of Toronto's St. George campus. Close to Bloor Street shops, Little Italy restaurants, cafés and everyday amenities-an appealing location for tenants and a valuable addition to an investment portfolio.
Listed by RE/MAX CROSSROADS 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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