1342 Avenue Road
Lawrence Park South, Toronto
$1,799,000
Bedrooms: 6
Bathrooms: 3
Living Area: 3,500 sqft
Price Per Sqft: $514.00
About this Semi-Detached
in Lawrence Park South, Toronto
Great opportunity to own a beautiful legal triplex in a highly sought-after area. This building includes three self-contained apartments. Main floor unit is vacant and ready for occupancy. Perfect for a live-in user. Basement can be converted into another unit for additional income. Garage spaces for two cars and two outdoor parking spots. Laundry room and storage is located in the basement. Main floor is vacant, second and third-floor apartments are occupied. This property presents a unique opportunity to live in while providing a good rental income. Tenant demand in this area is high. Vacancies typically draw multiple qualified applications. This is a very rare opportunity. Income and expense statement is available.
Listed by RE/MAX PREMIER INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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