204 Oakcrest Avenue

Danforth, Toronto

204 Oakcrest Avenue, Danforth, Toronto

$1,499,900


Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $1,363.55


About this Detached

in Danforth, Toronto

Attention Investors & House Hackers! Detached Rental Property With Future Laneway or Addition Potential. Located In the Main St MTSA For Future Add-Value Potential. In The meantime, Earn income with 3-Units at recent rents with excellent tenants, producing an attractive yield on the property (Noi & Rent Rolls Available On Request) Well maintained, With Timeless And High-Quality Material selection throughout the Home. ($50K+) spent on Renovations, Furnishings & Furniture. Brand new appliances in Upper & Lower levels. New flooring, new painting, pot lights, new appliances. Plan to upgrade to legal multi unit with our action plan or Easily convertible back to single family. Live in the Main floor with a private garden & generate STR or MTR Income from the lower & upper level units to offset your mortgage. Bright 2 BR suite on the main level, Newly renovated & Upgraded Separate Large Upper Studio unit with Private kitchen, Full bathroom & Laundry. Renovated and updated 1 BR walk-up basement w/full bath & shared laundry. Situated On A quiet street and a stone's throw From Stephenson Park. Easy Access To Danforth GO Train/ TTC Subway/Hwy, Schools, Grocery Stores & Restaurants & Cafe's & Beaches.

Listed by VALERY REAL ESTATE 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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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