421 Bloor Street

Farewell, Oshawa

421 Bloor Street, Farewell, Oshawa

$5,850,000


Bedrooms: 0

Bathrooms: 0


About this Land

in Farewell, Oshawa

Attention all developers, builders and Investors! Amazing opportunity to purchase this development property zoned R2 R3-A, R4-A and R6-B to accommodate either 2 five storey apartment buildings or 2 five storey condominium buildings. Situated adjacent to the 401corridor in Oshawa and close to all amenities. The plans have been completed and approved and will available to serious buyers only upon request as noted: Archaeological Assessment Stage 1 and 2; Environmental Site Assessment Report, Stage 1 and 2; Regional Municipality of Durham Servicing Agreement approved; Minor Variance Application approved; Architectural drawings available; CN (Canadian National Railway) Agreement registered; CN Transfer Easement Agreement registered; Road widening Agreements with the Regional Municipality of Durham registered; Topography Assessment completed; Environmental Noises Assessment completed; proposed floor plans available. "Site Plan approved" Architectural blacklines only, no working drawings available. Buyer to reimburse the Seller for all securities paid by the Seller, if applicable, which shall be adjusted for on the closing. With all the agreements in place and finalized this is a great opportunity commence the construction process. Don't miss this opportunity!

Listed by RE/MAX ROUGE RIVER REALTY LTD..


Photo 0 at 421 Bloor Street, Farewell, Oshawa

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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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