601 Pharmacy Avenue

Birchmount, Toronto

601 Pharmacy Avenue, Birchmount, Toronto

$1,400,000


Bedrooms: 5

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $700.00


About this Detached

in Birchmount, Toronto

Massive opportunity Awaits! This 50-Foot-wide lot can be divided into two 25-foot lots with the potential for a fourplex and garden suite on each 25-foot lot; the possibilities are endless. Alternatively, you can choose to rent out this spacious 2,000-sqaure-foot, 5 bedroom home while you explore your options. The property features a detached two-story garage and ample parking for up to 4 vehicles, making it a convenient choice for families or as an investment home. With an upgraded roof and solid mechanicals, you can rest assured that this home is well-maintained and ready for your personal touch. Located in a desirable area with close proximity to major highways, schools, and just 30 minutes from Downtown Toronto, this property offers both convivence and investment potential. Whether you choose to rebuild, update, or hold as a rental, this is an opportunity not to be missed! Seize the chance to make this versatile property your own.

Listed by RE/MAX WEST REALTY 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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