853 Simcoe Street S
Lakeview, Oshawa
$849,888
Bedrooms: 5
Bathrooms: 3
Living Area: 2,000 sqft
Price Per Sqft: $424.94
About this Detached
in Lakeview, Oshawa
Rare Live & Work From Home in Sought-After Lakeview Community of Oshawa! Top 5 Reasons You will like this property: 1) Excellent Investment Opportunity Live & Work at Home, Potential to Earn 7%-9% Cap!, 2) Many permitted Uses: Residential, Automotive, Office, Day Care. Long Term Care, Personal Service Establishment, Funeral Home, With a Drive-Thru Window, Plus Many, Many More. See the Attached Zoning & Permitted Uses, 3) Premium Double Lot 88.88 Feet Frontage & 112.32 Feet Depth With Large Drive and a Curb Cut Out for an Optional 2nd. Driveway, an Incredible Backyard With Potential to Build a Backyard Home, Guest House, Allowing for more Income, 4) 5 Bedrooms, 2 Kitchens, 3 Bathrooms With a Separate Entrance to an Unspoiled 7-Foot High Ceiling Basement Allowing for Additional Rental Income Potential, 5) Minutes from Hwy 401, Go Train, Lake Ontario and Transit. Not A Heritage Property Or Designation!!!
Listed by EXP 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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| Amortization: | |||
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| CMHC Prem.: | |||
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| * This material is for informational purposes only. | |||
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