28 Mechanic Avenue
Little Portugal, Toronto
$1,199,000
Bedrooms: 4
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $1,090.00
About this Semi-Detached
in Little Portugal, Toronto
Welcome to 28 Mechanic Ave, a beautifully renovated, turnkey home in an established West Toronto neighbourhood offering an exceptional combination of location, condition and future flexibility. Meticulously maintained and in mint condition, this home is truly move-in ready. The current owners thoughtfully modified the main floor to accommodate single-level living, converting the former kitchen area into a bedroom. Importantly, the original kitchen rough-ins remain behind the walls, providing the next owner with the flexibility to easily re-establish a main-floor kitchen and enjoy the entire home as one residence. For buyers looking for additional income potential or multigenerational living, the home's layout also presents an exciting concept for conversion to a legal duplex, subject to municipal approvals and applicable building-code requirements. The lower level offers a separate exterior entrance, kitchen, bathroom, laundry and generous living space, while the main and second floors provide additional living space with the flexibility to suit a variety of needs. Location is another standout Shirley Street Junior Public School & McCormick Arena are just a 2-3 minute walk. The surrounding west-end neighbourhood offers convenient access to the Dundas Street West corridor, TTC streetcar service, Lansdowne and Dundas West subway stations, Bloor GO/UP Express, as well as nearby shops, restaurants, groceries and every day amenities. Whether you're looking for a turnkey family home, multigenerational living, or a property with future income potential, 28 Mechanic Ave offers a rare level of flexibility in a convenient, established Toronto neighbourhood.
Listed by RE/MAX ULTIMATE 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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