1563 Kingston Road
Cliffside, Toronto
$949,000
Bedrooms: 4
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $632.67
About this Duplex
in Cliffside, Toronto
Don't miss this exceptional opportunity to own a duplex with 3 self-contained units, each with separate entrances and individual hydro meters. With 1764 sq.ft. (as per MPAC), this property is ideal for both institutional and mom-an-pop investors seeking stable rental income and long-term growth. Upper and Lower units currently rented-immediate cash flow!, Bright, spacious layouts with modern kitchens and bathrooms, 2 rear laneway parking spots-a rare convenience, Located in a high-demand area near schools, parks, shopping, and TTC at your doorstep, Minutes to Bluffers Park & Beach, Zoned for future Intensification-the area is part of the city's growth plan with precedent for land assembly. A Phenomenal density play for the savvy investor, Whether you're looking to buy & hold, or capitalize on future development, this is an investment opportunity you don't want to miss!
Listed by CENTURY 21 LEADING EDGE 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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| * This material is for informational purposes only. | |||
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