174 Mary Street N

O'Neill, Oshawa

174 Mary Street N, O'Neill, Oshawa

$589,000

Bedrooms: 0

Bathrooms: 0

Living Area: 2,500 sqft

Price Per Sqft: $235.60

About this Land

in O'Neill, Oshawa

Prime development opportunity. This property is being sold for land value and offers residential redevelopment potential. Zoned R2, permitted uses include: single detached dwellings, semi-detached buildings, semi-detached dwellings, and duplexes. The city has indicated support for creating two lots, subject to a minor variance for each lot and a consent application. Current lot is 520 sq m (just 20 sq m shy of the combined minimum area for two lots). Ideal for developers or investors looking to capitalize on a centrally located property with strong long-term potential.. This is an Estate Sale.

Listed by KELLER WILLIAMS ENERGY REAL ESTATE.

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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

     
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.

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