315 Birchmount Road

Cliffside, Toronto

315 Birchmount Road, Cliffside, Toronto

$1,398,000

Bedrooms: 5

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $699.00

About this Fourplex

in Cliffside, Toronto

Exceptional opportunity for builders, investors, and renovators! Excellent redevelopment opportunity with an approved land severance permit already in place, offering exceptional potential for builders, developers, and investors. The seller is willing to obtain the demolishing permit if requested by the potential buyer. Situated on a desirable lot in a sought-after neighbourhood, the existing structure is being sold "as -is" condition. Ideal for those looking to rebuild, modernize, or add value in a rapidly developing area. Conveniently located close to schools, transit, shopping, and major amenities. Endless possibilities await - bring your imagination and unlock the full potential of this prime property! The property is vacant except for one tenant. Thenant is willing to stay. Please allow 24 hrs notice

Listed by ROYAL LEPAGE IGNITE 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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