92 Donlands Avenue
Danforth, Toronto
$1,400,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $1,272.73
About this Semi-Detached
in Danforth, Toronto
Fully renovated legal triplex in a prime East York location, just 5-minute walk to Donlands Subway, moments to the shops, cafés & restaurants ofGreektown. Purchased in 2019 as a single-family dwelling, the property was extensively renovated & professionally converted into a legal triplexwith all required building permits, inspections & licensed contractors. Updates include electrical, plumbing, HVAC, kitchens, bathrooms, windows,flooring & major systems throughout. This turnkey income property has never experienced vacancy, consistently generating approximately$6,000 per month with excellent long-term tenants. The basement unit was vacated mid-December & is intentionally being held vacant to providethe new owner the option of living on-site while collecting income from the other units. The current rental income is slightly below market,offering upside potential & the asking price reflects a conservative & well-supported valuation. Each unit is fully self-contained with its ownkitchen, full-size laundry & designated outdoor space - rare & highly desirable features. Tenants enjoy dedicated backyard areas along withaccess to multiple decks, creating exceptional livability. Main floor features a beautifully finished 2-bedroom suite with a permitted solarium,offering heated floors a walk-out to a private deck & yard. The upper unit is a bright 1-bedroom with living room & eat-in kitchen. Basement suitewas professionally underpinned, rebuilt from the foundation up, featuring a separate entrance, full ceiling height, walk-out to a covered patio,excellent natural light. Additional highlights include a legal, city-approved parking pad (annual permit $360), sump pump & soak-away pit, ownedhot water tanks (including backup), newer furnace & A/C (under warranty), replaced windows & a backyard standalone deck. A rare opportunityto own a well-maintained, income-producing property in one of Toronto's most walkable & transit-connected neighbourhoods.
Listed by RE/MAX REALTRON REALTY INC..
Photo 0
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
Photo 8
Photo 9
Photo 10
Photo 11
Photo 12
Photo 13
Photo 14
Photo 15
Photo 16
Photo 17
Photo 18
Photo 19
Photo 20
Photo 21
Photo 22
Photo 23
Photo 24
Photo 25
Photo 26
Photo 27
Photo 28
Photo 29
Photo 30
Photo 31
Photo 32
Photo 33
Photo 34
Photo 35
Photo 36
Photo 37
Photo 38
Photo 39
Photo 40
Photo 41
Photo 42
Photo 43
Photo 44
Photo 45
Photo 46
Photo 47
Photo 48
Photo 49
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
| Asking Price: | Interest Rate (%): | ||
| Amortization: | |||
| Percent Down: | |||
| Down Payment: | |||
| First Mortgage: | |||
| CMHC Prem.: | |||
| Total Financing: | |||
| Monthly P&I: | |||
| * This material is for informational purposes only. | |||
Request A Showing Or Find Out More
Have a question or interested in this property? Send us a message!
inquire
