Bedrooms: 3
Bathrooms: 2
Living Area: 1,200 sqft
Price Per Sqft: $532.50
Sold under POWER OF SALE. "Sold" as is - where is. Welcome to sought-after Rainbow Village II! This spacious and well-maintained 3+1 bedroom corner suite offers approximately 1,356 sq. ft. of bright, functional living space with unobstructed northwest views. Conveniently located just steps to Kennedy Station with TTC, GO Transit, and upcoming LRT access, this is a rare opportunity in one of Scarborough's most connected communities.Residents enjoy an impressive selection of resort-style amenities including an indoor swimming pool, sauna, fully equipped gym, squash and basketball courts, billiards room, table tennis, children's playground, and three party rooms. The building also offers 24-hour security, onsite daycare, and commercial laundry facilities for added convenience.Surrounded by shopping, restaurants, schools, parks, and everyday essentials, this property offers exceptional long-term value for both investors and future end users alike. Currently tenanted until December 31, 2026, providing stable rental income today with the flexibility to move in, renovate, or reposition the property in the future. Property being sold under Power of Sale as-is, where-is condition with no representations or warranties. Buyers are advised to conduct their own due diligence regarding the property and its features. A solid property in a sought-after location! MUST SEE! 48 hours (work days) irrevocable on all offers. Being sold as is. Must attach Schedule "B" and use Seller's sample offer when drafting an offer (copy in attachment section of MLS). No representations or warranties of any kind by seller/agent. All information to be independently verified. Taxes estimated per city website..
Listed by RE/MAX REALTRON REALTY INC..
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| Purchase Price | |
| First-Time Home Buyer |
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| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
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
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
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