2333 Gerrard Street E
Danforth, Toronto
$1,099,000
Bedrooms: 3
Bathrooms: 1
Living Area: 1,500 sqft
Price Per Sqft: $732.67
About this Detached
in Danforth, Toronto
Unlock the opportunity to build a legal 4-plex with full Committee of Adjustment approval, including five granted variances, saving you time, money, and uncertainty. This extra-deep 150-ft lot faces Hannaford and features a rare 8-car parking pad at the rear. A game changer for multi-unit development. Add a laneway suite, redevelop into a custom single-family home.. With city-owned land buffering the lot, you get added green space and privacy. Carson Dunlop inspection report available. Offers reviewed Tuesday, June 3rd. Opportunities like this don't come often. Redevelopment-ready with all the approvals in place. AAA tenant scheduled to move in Sept 1 @ $3,200 per month plus utilities.
Listed by ROYAL LEPAGE/J & D DIVISION.
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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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