2904 St Clair Avenue E
Parkview, Toronto
$2,200,000
Bedrooms: 14
Bathrooms: 8
Living Area: 5,000 sqft
Price Per Sqft: $440.00
About this Multiplex
in Parkview, Toronto
Well kept multiplex with 8 apartments, three 3 bedrooms and five 1 bedroom apartments plus detached double garage. Spacious units with mostly hardwood and laminate floors. TTC at doorstep and minutes to subway, schools, shopping and churches. Landlord current pays Hydro and gas. Hydro meters in place for units but needed to be sanctioned by Hydro for hook up. Fire inspection is up to date. Renovated with doors compliant to fire code. Potential net income $87000/annum. Some units are currently below market with potential for future increase once the tenants move out.
Listed by HOMELIFE CULTURELINK REALTY INC..
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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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