118 Ferrier Avenue

Danforth, Toronto

118 Ferrier Avenue, Danforth, Toronto

$1,399,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,500 sqft

Price Per Sqft: $932.67


About this Detached

in Danforth, Toronto

Rare Opportunity In The Coveted Jackman School District! Welcome To An Exceptional Opportunity In One Of Toronto's Most Prestigious And Highly Sought-after Neighbourhoods. Situated On A 25 X 100 Ft Lot, This 2.5 Storey Home Offers Endless Potential For Renovators, Investors, Builders, Or Families Looking To Create Their Dream Residence In A Premier Location.Being Sold As Is, Where Is, The Property Features A Spacious Backyard, A Walk-out From The Kitchen, And A Separate Basement Walk-out, Providing Excellent Possibilities For Redesign, Multi-generational Living, Or Future Income Potential. With Laneway Access At The Rear, Buyers May Also Explore The Potential For A Laneway Suite/coach House, Offering Exciting Possibilities For Additional Living Space, Rental Income, Or Future Value, Subject To All Required Zoning, Building, Tree, And Municipal Approvals. Whether You Envision A Stunning Custom Renovation, An Investment Property, A Multi-unit Conversion, Or A Forever Family Home, This Address Offers The Foundation, Location, And Upside To Make It Happen.A True Diamond In The Rough - Bring Your Vision And Unlock The Potential.

Listed by ROYAL LEPAGE URBAN 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:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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