9-11 Bracebridge Avenue
Lumsden, Toronto
$3,199,000
Bedrooms: 8
Bathrooms: 6
Living Area: 3,000 sqft
Price Per Sqft: $1,066.33
About this Multiplex
in Lumsden, Toronto
A fantastic investment opportunity awaits in prime East York! This fully tenanted, turnkey 6-plex in one of Toronto's most sought-after neighbourhoods is situated on a generous 75 x 100 foot lot. This property consists of five spacious 2-bedroom units and one 1-bedroom unit, providing consistent rental income with minimal upkeep. Conveniently located just steps from the TTC, schools, parks, and a short drive to the Danforth, downtown core, and Woodbine Beach. With approximately $135,000 in yearly net income, this is a low-maintenance addition to any portfolio-ideal for seasoned investors or those looking to break into the multi-residential market.
Listed by RE/MAX PREMIER 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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