454 Donlands Avenue
East York, Toronto
$1,289,000
Bedrooms: 3
Bathrooms: 8
Living Area: 2,000 sqft
Price Per Sqft: $644.50
About this Multiplex
in East York, Toronto
Exceptional Legal Multiplex, meticulously well maintained, this rare multi-use property presents a unique opportunity for investors or end-users. The property offers a projected gross income of over $125,000 annually, with low operating expenses. Ideal for a variety of buyers: use the spacious top-floor as an generous sized owners suite while generating strong rental income, or purchase as a long-term investment. Its also a smart option for families looking to secure a first home for their children, with rental income to offset costs. Ideal intergenerational living and still have units to rent out. Multiple Options! Large 1.5 car garage for additional rental or potential future laneway suite access for extra income. A few short bus stops to Donlands Subway, nearby upcoming Ontario Line. Walk to quaint shops nearby. Easy access to DVP and a few short minutes to Yonge & Bloor by subway or car. Available For Financing. Rare offering!
Listed by ROYAL LEPAGE SIGNATURE SUSAN GUCCI 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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