2461 Gerrard Street E

Danforth, Toronto

2461 Gerrard Street E, Danforth, Toronto

$719,000

Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $653.64

About this Semi-Detached

in Danforth, Toronto

Attention investors, contractors, and visionaries. This freehold, two-storey semi-detached residential property at 2461 Gerrard St E offers a prime renovation opportunity in Toronto. The interior layout includes three bedrooms and two full bathrooms. The structure sits on a regular lot with a frontage of 17.67 feet and a depth of 100 feet. The basement is unfinished and ripe for a transformation with an existing full bathroom. Exterior features include a mutual shared driveway and a detached garage. The location is uber-convenient with Loblaws and Victoria Crossing (Freshco, Tim Hortons, and Play it Again Sports) close-by. The Walk/bike/transit score is enviable at 90/75/70. A quick trip down Victoria Park Ave lands you in the Eastern end of the Beaches neighbourhood. Offers Anytime.

Listed by ONE PERCENT 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

     
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Amortization:  
Percent Down:
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CMHC Prem.:
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* This material is for informational purposes only.

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