1299 - 1301 Danforth Avenue

Coxwell, Toronto

1299 - 1301 Danforth Avenue, Coxwell, Toronto

$3,000,000

Bedrooms: 2

Bathrooms: 6

Living Area: 2,500 sqft

Price Per Sqft: $1,200.00

About this Multiplex

in Coxwell, Toronto

Incredible income-producing multiplex in a high-traffic location at Danforth & Greenwood-directly across from Greenwood Subway Station! This well-maintained property features two commercial units, including a fully leased restaurant, plus four fully furnished residential apartments (two bachelors and two one-bedroom units), all currently rented. Major renovations have been done including removal of all asbestos. Bonus rooftop billboard brings in additional monthly income under a flexible month-to-month agreement. A rare turnkey investment opportunity in one of Toronto's most vibrant and transit-accessible corridors. Close to shops, parks, schools, and all amenities.

Listed by ROYAL LEPAGE SIGNATURE REALTY.

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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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