463 Vaughan Road
Oakwood Village, Toronto
$2,488,000
Bedrooms: 0
Bathrooms: 0
About this Land
in Oakwood Village, Toronto
Prestigious Corner Development Opportunity | 463 Vaughan Road, Toronto. A rare opportunity to acquire a prominent corner parcel in a rapidly evolving Toronto neighbourhood. 463 Vaughan Road presents exceptional potential for developers, investors, and visionary builders seeking to capitalize on the area's continued growth and transformation. Currently vacant land and not yet entitled, the property offers the potential to explore a boutiquedevelopment of approximately six townhomes or an apartment or condominium building of up to eightstoreys, subject to municipal approvals, zoning, and all applicable planning requirements. With new homes emerging throughout the surrounding area and an increasingly affluent buyerdemographic driving demand, this is an opportunity to secure a strategic parcel for long-term land for banking, the possibilities are compelling. Opportunities of this calibre are rarely offered for sale. Secure a prestigious corner property with significant future potential and position yourself to participate in the next chapter of this growing Toronto neighbourhood.
Listed by HARVEY KALLES REAL ESTATE LTD..
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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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