395 Rhodes Avenue

Coxwell, Toronto

395 Rhodes Avenue, Coxwell, Toronto

$1,175,000


Bedrooms: 5

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $783.33


About this Duplex

in Coxwell, Toronto

Attention Investors, Multi-Generational Buyers, And Savvy Buyers! Welcome To 395 Rhodes Ave, A Remarkable Residential Property Nestled In The Highly Sought-After Greenwood-Coxwell / Leslieville Pocket. This Solid Brick Property Is Fully Tenanted By Reliable Tenants, Generating A Phenomenal Gross Annual Income Of $91,860 (Inclusive Of Utilities) Across 3 Spacious, Self-Contained Units-Each Boasting Its Own Private Entrance, Kitchen, And Bathroom. This Exceptional Income Property Offers Incredible Stability And Outstanding Long-Term Growth Potential.The Layout Is Perfectly Optimized For Maximum Utility: The Lower Level Is A Spacious 3-Bedroom, Kitchen, 1.5-Bathroom Basement Suite. The Main Floor Features A Comfortable 2-Bedroom, Kitchen, 1-Bathroom Layout With A Separate Living Room. The Upper Level Is An Expansive 3-Bedroom Retreat Complete With Kitchen, A Bright Solarium, A Cozy Living Room With A Fireplace, And A Full Bath. Adding Massive Value To This Deep Lot Is A Shared Driveway Providing Easy Access To An Expansive Rear Parking Area That Comfortably Accommodates At Least 2 Vehicles.Live In One Unit And Let The Tenants Cover Your Expenses, Or Maintain It As A Hands-Off, Multi-Stream Addition To Your Real Estate Portfolio. Unbeatable Location Just Steps To The Vibrant Shops, Cafes, And Restaurants Of Little India And Leslieville. Commuting Is Effortless With Quick Access To Both Coxwell And Greenwood Subway Stations, The Danforth GO, And 24-Hour Streetcar Lines. An Absolute Must-See Opportunity!

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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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