434 Victoria Park Avenue

Danforth, Toronto

434 Victoria Park Avenue, Danforth, Toronto

$1,529,000


Bedrooms: 5

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $764.50


About this Triplex

in Danforth, Toronto

Turnkey Legal Triplex! A Walker's Paradise & Steeps to the Lake! Rare Investment Opportunity in the highly sought-after Upper Beaches, offering strong potential and flexible living options, including living in one unit while renting out the others to help offset ownership costs and maximize value. This well-maintained property features three self-contained units, each with a private entrance plus private parking, with a detached double garage, making it ideal for investors or end-users seeking long-term value. Renovated with high-quality craftsmanship and premium finishes, it combines modern style with practical livability. The main level offers a bright two-bedroom apartment with an open-concept living/dining area and kitchen, two well-sized bedrooms, one with a walk-in closet, and a 3-piece bath. The second level includes a spacious three-bedroom unit with a rear walk-out, two skylights, one in the hallway and one in a bedroom, enhancing natural light. A large kitchen combined with a living/dining area, and the upper-level's primary bedroom with a 3-piece ensuite. The basement features a comfortable and large one-bedroom unit. Three kitchens and a separate in-suite laundry for each unit provide full independence and ease of use for all occupants. Additional features include: 2 tankless water heaters, 2 A/C units, 2 furnaces, 3 hydro meters, an efficient and well-designed mechanical setup that supports simplified utility management and reliable operation across all units. Situated on a good-sized lot close to transit, shops, schools, and everyday amenities. A strong opportunity in a high-demand neighbourhood for investors or homeowners seeking versatile and reliable living options.

Listed by RE/MAX HALLMARK REALTY LTD..


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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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