20 Kelvin Avenue
Danforth, Toronto
$799,000
Bedrooms: 3
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $726.36
About this Detached
in Danforth, Toronto
Fantastic opportunity for first-time buyers, investors, and builders alike! This versatile detached home is currently configured as two self-contained units, offering excellent income potential with the flexibility to easily convert back to a single-family residence. The main floor features a bedroom, living room, kitchen, and basement recreation area, while the upper level includes two bedrooms, a living room, and kitchen. Situated on a property with laneway housing potential , this home offers exciting possibilities for future expansion and added value. Ideally located close to schools, shopping, restaurants, and everyday amenities, with subway and GO Transit just a short walk away. Recent updates include a new roof (2023), dryer (2024), and washer (2025). The owned hot water tank adds further value. A rare opportunity to live, invest, redevelop, or generate rental income in a convenient, transit-friendly neighbourhood.
Listed by RE/MAX HALLMARK 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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| * This material is for informational purposes only. | |||
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