812 Kennedy Road

Ionview, Toronto

812 Kennedy Road, Ionview, Toronto

$1,050,000


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,500.00


About this Detached

in Ionview, Toronto

Prime investment opportunity! 5-minute walk to Kennedy Subway. 3+3 bedroom detached bungalow with separate entrance to high-ceiling basement apartment. Single car garage and 4 car parking in driveway. Open-concept main floor with renovated kitchen, quartz counter, centre island, stainless steel appliances, brand-new dishwasher, and soft-closing drawers. Bright living/dining with large bay window. Total income $5,800/month.Fenced yard with covered deck & brick BBQ, large driveway, attached garage. Close to schools, plaza, banks, grocery, shopping, TTC & GO. Quick closing available. Buyer may assume tenant or request vacant possession.

Listed by RE/MAX WEST REALTY INC..


Photo 0 at 812 Kennedy Road, Ionview, Toronto

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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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