116 Jones Avenue
South Riverdale, Toronto
$1,099,000
Bedrooms: 2
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $999.09
About this Detached
in South Riverdale, Toronto
Here's your opportunity to own a Detached turnkey income property in Leslieville with parking! Excellent investment opportunity in the heart of highly sought-after Neighbourhood.This solid, well-maintained property features three self-contained apartments, offering flexibility and income in one of Toronto's most desirable and walkable neighbourhoods. Upper Unit: 1-bedroom, Main Floor Unit: 1-bedroom, Basement Unit: 1-bedroom. All units are currently AAA tenanted on a month-to-month basis, giving you the freedom to continue as a fully tenanted investment property or move into one of the units and enjoy supplemental income! Just steps to several shops, restaurants, parks, transit, and everything Leslieville has to offer. This property presents endless potential. Please allow 24 hours for showings. Pedestrian & cyclist friendly, and TTC stop at doorstep! See attachment for financials. Communal Coin Laundry generates approximately $60/month.
Listed by REAL ESTATE HOMEWARD.
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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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