14 Orley Avenue

Lumsden, Toronto

14 Orley Avenue, Lumsden, Toronto

$999,000

Bedrooms: 0

Bathrooms: 0

Living Area: 700 sqft

Price Per Sqft: $1,427.14

About this Detached

in Lumsden, Toronto

Exceptional opportunity to own a vacant building lot complete with plans for a stunning Fourplex multi-family residence. This turn-key development package allows investors and builders to skip the lengthy planning phase and move straight to construction. Purchase the lot and have the seller build to suit - a rare opportunity to acquire both the land and a project manager in one seamless transaction.Ideal for investors seeking strong rental income potential, multi-generational families, or developers looking to expand their portfolio. The fourplex design maximizes the lot's potential while delivering modern, market-ready units in a sought-after location. Permit for fourplex in hand, can be converted to fiveplex.

Listed by RE/MAX HALLMARK ARI ZADEGAN GROUP 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

     
Asking Price: Interest Rate (%):
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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