201 Bellamy Road N

Bendale, Toronto

201 Bellamy Road N, Bendale, Toronto

$1,150,000

Bedrooms: 4

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $766.67

About this Detached

in Bendale, Toronto

Opportunity To Own Corner Property On Bellamy Road With 81' Wide Frontage. Potential For Development As Same Owner Owns Neighbouring Property. Townhouses, Severance, Multiplex, 6 Storey Building, See Planning Report. This Property Has More Potential For The Right Buyer Than Anything Else On The Market. The House Is Solid Brick With 4 Bedrooms On 2nd Floor, Each Very Large And Can Suit A Rooming House Or Charitable Organizations Use. Large Families Also Welcome Looking For More Space. Currently Set Up As Multi-Tenanted Property. Updated Windows. Property Needs Some TLC But Very Good Structure And Overall Value Is Unheard Of At This Price Point. Buy Neighbouring Lot As Well And You Have A Prime Development Opportunity In The Heart Of Toronto's Golfdale-Cedarbrae-Woburn Neighbourhood! Forming A Generous Rectangular Lot Of Approximately 1,950 Square Metres With 50 Metres Fronting Nelson Street And 40 Metres Fronting Bellamy Road. Across The Street From Eglinton GO PMTSA, Less Than 800m From GO Stn.Located On A Major Street Within A Neighbourhoods Designation. Minimal Trees On Site. Ideal For Builders, Investors, And Visionaries Looking To Capitalize On A High-Exposure Corner Location With Outstanding Long-Term Potential.

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

     
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* This material is for informational purposes only.

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