25 Norwood Terrace
Danforth, Toronto
$999,000
Bedrooms: 1
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $908.18
About this Duplex
in Danforth, Toronto
Welcome to 25 Norwood Terrace, a versatile duplex that provides immediate rental income with the option to easily convert into a single-family home. An ideal opportunity for both investors and end users!The upper unit (leased since 2022) features a spacious bedroom, open-concept living and kitchen area, and a private balcony. The main and lower unit (leased beginning January 2025) offers a bright living/dining space, a modern kitchen with deck access, ensuite laundry, and a 3-piece bathroom. The lower level includes two bedrooms, a 4-piece ensuite, and ample storage.Perfectly located on a quiet, tree-lined street, just steps to transit (GO & subway) and a daycare. Zoned as a duplex by MPAC. Some photos virtually staged.Dont miss this excellent investment or homeownership opportunity!
Listed by RE/MAX HALLMARK REALTY LTD..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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