615 Pharmacy Avenue

Birchmount, Toronto

Open House Jun 7th, 2-4PM
615 Pharmacy Avenue, Birchmount, Toronto

$1,150,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $1,045.45


About this Detached

in Birchmount, Toronto

Welcome to 615 Pharmacy Ave! (Pharmacy & St. Clair)A rare opportunity for homeowners and investors alike. Live upstairs and offset your mortgage with rental income from the lower level (SEPERATE ENTRANCE), or maximize cash flow by renting both units. Featuring hardwood floors throughout and situated on a long, deep lot with exciting potential for a future laneway suite or coach house (buyer to verify). Turn one property into three income-generating opportunities: main floor, basement suite, and a potential laneway home. Whether you're looking to build wealth, generate passive income, or secure a versatile property in a growing neighborhood, the possibilities here are endless. One property. Multiple income streams. Unlimited potential. Let's go!

Listed by RIGHT AT HOME 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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