1970 Brimley Road

Malvern West, Toronto

1970 Brimley Road, Malvern West, Toronto

$990,000

Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $900.00

About this Detached

in Malvern West, Toronto

Attention Builders/Investors! Don't Miss This Rare Opportunity To Build income rental property. will be Sale together with 1972 Brimley rd LOT .2 lot can be build 10-unit rental apartment total 38 rooms. Building permit application pending, expected to be approved in July . Comply with CMHC mortgage policy.Please see the attached surveys and reference plans. This 38' x 159' Severed Lot Is Conveniently Located To Nearby Amenities And Attractions. This Well Mainted Lot is Leveled and Features Access to Sewers, Municipal Water And Utility Lines. TTC At Door Step. Walking Distance To school Scarborough Town Centre. Easy Access to Hwy 401. Design drawing view attachment

Listed by MASTER`S TRUST REALTY INC..

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Photo 0 at 1970 Brimley Road, Malvern West, Toronto

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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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CMHC Prem.:
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* This material is for informational purposes only.

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