217 Kingston Road
The Beaches, Toronto
$999,000
Bedrooms: 2
Bathrooms: 3
Living Area: 700 sqft
Price Per Sqft: $1,427.14
About this Semi-Detached
in The Beaches, Toronto
Turnkey Triplex in the Beach Triangle. Vacant & Ready to Cash Flow with over 6% projected Cap Rate! Incredible investment opportunity in one of Toronto's most desirable rental locations! This renovated triplex offers 2 stylish 1-bedroom units and 1 bright bachelor unit, each with private entrances, outdoor space, ensuite laundry, and modern finishes throughout. Perfect for house-hackers or savvy investors, where you can live in one and rent the rest, or lease all 3 for strong monthly income. Updates include brand-new kitchens and baths, new flooring, pot lights, and upgraded fixtures. Each unit has a separate entrance, ideal for maximizing privacy and rent. Includes 2 laneway parking spots, plus you're just steps to Queen St, the beach, parks, cafes, transit, and more. Strong rental demand, positive cash flow, and long-term growth potential make this a no-brainer. All units are vacant and ready for immediate occupancy or rental! See attached feature sheet and cash flow analysis for full financials.
Listed by RE/MAX ULTIMATE REALTY INC..
Photo 0
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
Photo 8
Photo 9
Photo 10
Photo 11
Photo 12
Photo 13
Photo 14
Photo 15
Photo 16
Photo 17
Photo 18
Photo 19
Photo 20
Photo 21
Photo 22
Photo 23
Photo 24
Photo 25
Photo 26
Photo 27
Photo 28
Photo 29
Photo 30
Photo 31
Photo 32
Photo 33
Photo 34
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. | |||
Request A Showing Or Find Out More
Have a question or interested in this property? Send us a message!
inquire
