277 Gibbons Street

McLaughlin, Oshawa

277 Gibbons Street, McLaughlin, Oshawa

$1,139,000

Bedrooms: 4

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $759.33

About this Detached

in McLaughlin, Oshawa

Attention Investors, Builders & Developers! Exceptional opportunity in in the Heart of Oshawa! Raised bungalow with two large self-contained side units, each with separate entrances connected to the main house. Main and second-floor suites feature 3-piece baths, double closets, and front/back windows. The bungalow offers 2 bedrooms, 2 baths, and a partially finished basement. Includes double-car detached garage and legal second driveway. Lot can be easily severed into two 45-ft lots - A nearby property lot was recently severed. Potential to convert into a fourplex or redevelop for maximum return. Prime location in a high-growth area - a perfect opportunity for investors and developers to capitalize on Oshawa's expansion! Property is being SOLD in "AS IS, WHERE IS" condition!

Listed by CENTURY 21 LEADING EDGE REALTY INC..

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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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