580 Gibb Street

Vanier, Oshawa

580 Gibb Street, Vanier, Oshawa

$999,000

Bedrooms: 6

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $499.50

About this Duplex

in Vanier, Oshawa

First-Time Buyers & Investors Alert! An exceptional opportunity to own a legal duplex offering over 3,600 sq. ft. of total living space and outstanding income potential. This beautifully maintained and extensively upgraded property showcases high-quality, tasteful finishes throughout. The main level features approximately 1,200 sq. ft. with 3 spacious bedrooms, a full bathroom, and a modern kitchen. The upper level offers another 1,200+ sq. ft., complete with 3 bedrooms, a full bathroom, and a separate kitchen, ideal for multi-generational living or rental income. The lower level includes a large 2-bedroom non-retrofit basement with over 1,200 sq. ft., a separate entrance, and large windows providing excellent natural light. Ample parking available.

Listed by RE/MAX GOLD REALTY INC..

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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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Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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