750 HUNTINGWOOD Drive
Sullivan, Toronto
$1,899,900
Bedrooms: 0
Bathrooms: 0
About this Land
in Sullivan, Toronto
Amazing Development Opportunity in a Highly Desirable Area. Zoned for Townhomes, with the potential to build a 6-storey, 30-unit mid-rise! This exceptional, vacant land is located in a sought-after, family-friendly neighborhood and is currently zoned RD*1121. It has already been approved for five freehold townhomes, each with a legal secondary unit, totaling 10 units. Alternatively, take advantage of the city-approved zoning allowing for the construction of a six-storey, 30-unit mid-rise building. Situated at the intersection of two major streets, this site is in a high-demand rental area, with easy access to public transit, just minutes from Highway 401, shopping centers, restaurants, parks, and all essential amenities. This is a rare, high-potential investment opportunity, whether you're considering townhomes or a mid-rise. Dont miss out this prime site wont last long!
Listed by Re/Max Elevate.
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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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