2941 St Clair Avenue E

Parkview, Toronto

2941 St Clair Avenue E, Parkview, Toronto

$399,999

Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $571.43

About this Detached

in Parkview, Toronto

Exceptional investment or redevelopment opportunity in Toronto's desirable O'Connor-Parkview neighborhood. Situated on a prime St. Clair Avenue East corridor, this property offers strong long-term upside for investors, builders, or end-users alike. Features include a separate walk-out basement apartment providing excellent income potential, a private driveway, and a detached single-car garage. The property presents multiple possibilities: renovate and hold for rental income, live upstairs while generating supplementary income from the lower unit, or explore future redevelopment potential in this evolving and well-connected community. Conveniently located near public transit, schools, parks, shopping, and major routes.

Listed by RIGHT AT HOME REALTY.

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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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