36 Tennis Crescent
North Riverdale, Toronto
$1,388,000
Bedrooms: 4
Bathrooms: 4
Living Area: 1,100 sqft
Price Per Sqft: $1,261.82
About this Semi-Detached
in North Riverdale, Toronto
Attention investors, end-users, and strategic buyers - welcome to 36 Tennis Crescent, a rare opportunity in the heart of Riverdale offering the functionality of a multi-unit property with proven income and significant upside potential. This thoughtfully configured home features distinct upper and lower living spaces, making it ideal for multi-generational living, income generation, or a hybrid live-and-rent strategy. In today's economic environment, properties that provide the ability to offset carrying costs and create multiple income streams are in exceptionally high demand. The upper level demonstrates proven income performance, while the lower level offers additional untapped potential for immediate income expansion. This flexible layout allows buyers to optimize the property based on their needs - whether maximizing rental returns or enjoying part of the home while generating supplementary income. Well-maintained and move-in ready, the home offers bright interiors, functional layouts, and defined spaces that support both comfortable living and income use with minimal additional investment. Located on a quiet residential street just steps to the Danforth, enjoy exceptional walkability and access to public transit, including nearby subway stations and bus routes, providing quick connectivity to downtown Toronto. Easy access to the Don Valley Parkway further enhances convenience across the city. Situated within proximity to highly regarded and top-ranked public and Catholic schools across all grade levels, and just steps to Riverdale Park and Withrow Park, offering expansive greenspace, skyline views, trails, playgrounds, and year-round recreation. Surrounded by vibrant shops, cafes, restaurants, and everyday amenities, this neighbourhood continues to demonstrate strong demand and long-term growth. Opportunities offering this level of flexibility, income potential, prime location are limited.
Listed by ROYAL LEPAGE SIGNATURE REALTY.
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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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