117 BELLHAVEN Road

Woodbine Corridor, Toronto

117 BELLHAVEN Road, Woodbine Corridor, Toronto

$1,685,000


Bedrooms: 7

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $842.50


About this Triplex

in Woodbine Corridor, Toronto

Vacant well-cared for triplex with three above-ground self-contained units. Live in a comfortable home in one unit while two income suites upstairs help offset your mortgage and housing costs or use the house for multi-generational living. As the property will be delivered vacant, you have the rare opportunity to choose your own tenants and set market rents. The main floor unit serves as a comfortable owner's home - an apartment with a flexible 2 to 3-bedroom layout and direct access to a beautiful private backyard; it also has direct access to the basement with a large room, an oversized bathroom, and a separate entrance, offering flexible space for storage, play, or future possibilities. The second-floor unit is a bright 1-bedroom + bonus room with a large light-filled kitchen and a front garden sitting area. The third-floor unit is a two-level 1-bedroom unit with a bonus room design and an expansive private terrace, creating a peaceful treehouse-like retreat. The home is full of charm, featuring decorative beams, wainscoting, mature greenery, fruit trees, and berry bushes. Each unit includes ensuite laundry and a dishwasher. Two parking spaces: a large detached 1.5-car garage at the rear (currently fitted with a standard door, easily convertible back to garage parking), plus one legal rear parking space accessible via driveway (currently configured as private yard with removable partition and shed). Street permit parking also available. Located in Toronto's desirable Upper Beaches neighbourhood with strong rental demand and excellent transit access. Gerrard streetcar going directly to downtown is across the street. Woodbine and Coxwell subway stations are within walking distance. Bowmore Public School around the corner. Close to Queen Street, Woodbine Beach, the boardwalk, parks, cafés, grocery stores, schools, and daily amenities. Rare opportunity to live in a character home while generating income from two additional suites.

Listed by SUTTON GROUP-ADMIRAL 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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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