42 Glen Manor Drive
The Beaches, Toronto
$1,659,000
Bedrooms: 4
Bathrooms: 3
Living Area: 2,000 sqft
Price Per Sqft: $829.50
About this Semi-Detached
in The Beaches, Toronto
Only 14 homes from the beach, this exceptional multi-unit property offers an incredible opportunity for investors and end-users alike. Whether you're looking to generate strong rental income, live in one unit and rent the others, house your family under one roof or design your dream owner's suite, this property fits the bill. The home features three separate spacious units, including two vacant two-bedroom suites ready to be rented immediately or occupied by the new owner. It's perfectly suited for multigenerational living, allowing extended family to live comfortably under one roof while maintaining privacy and independence and offers two car parking at the rear. Significant infrastructure upgrades provide peace of mind and reduce short-term costs: roof replaced in 2018, new boiler & 600ft of new plumbing lines in 2020, driveway redone in 2022, upgraded wiring, and window replacement in 2025. The kitchens have been thoughtfully updated featuring dishwashers, quartz countertops and new cabinetry, complemented by fresh paint, new lighting, and new entry doors to each unit. Enjoy the charming updated porch and private patio; the perfect outdoor spaces to relax and take in the lake breeze. A rare opportunity to own a turn-key, income-generating property in an unbeatable beachside location - with the option for you, your family or kids to move in now or in the future!
Listed by RE/MAX HALLMARK REALTY LTD..
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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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