370 Jones Avenue
Jones, Toronto
$1,425,000
Bedrooms: 6
Bathrooms: 4
Living Area: 2,000 sqft
Price Per Sqft: $712.50
About this Duplex
in Jones, Toronto
Welcome to your new investment opportunity! Stunning Detached Multiplex with 4 Self-Contained Units. Previously approved by city to sever into 2 lots. This spacious and versatile detached house offers four units, each with unique features and charm. Live in one and collect rent on the other three or convert back to single family home. Unit 1 & Unit 2: These units on the main floor boast well-lit living spaces, comfortable bedrooms, and fully-equipped kitchens. They offer a cozy yet functional living environment. Unit 3: Spanning the second and third floors, this unit is a standout feature of the property. It includes multiple bedrooms, a spacious living area, and a full kitchen, and a walkout to a patio. Unit 4: The basement unit provides ample space, light and privacy. With its own entrance, a roomy living area, and a kitchen, its perfect for tenants seeking a quiet retreat. The property boasts a huge backyard, perfect for outdoor activities, gardening, or simply relaxing. Additionally, there is a convenient carport parking space for one vehicle. Located in a friendly neighbourhood with easy access to schools, shops, and public transportation, this property is not only a great investment but also a wonderful place to call home. Don't miss out on this fantastic opportunity to own a versatile and profitable property!
Listed by ROYAL LEPAGE SUPREME 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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