76-78 Lewis Street

South Riverdale, Toronto

76-78 Lewis Street, South Riverdale, Toronto

$2,998,000

Bedrooms: 12

Bathrooms: 4

Living Area: 3,000 sqft

Price Per Sqft: $999.33

About this Multiplex

in South Riverdale, Toronto

Rare Double-Lot Multi-Unit gem in the Heart of Leslieville! 76-78 Lewis Street sits on an ultra-rare, massive 44.08 x 135-foot lot, presenting an unmatched opportunity for developers, investors, and end-users alike. Featuring high-density R(d1*7) zoning, the development and intensification upside here is incredible. For the savvy investor or multi-generational family, this is a premier, high-yield cash-flow asset featuring four massive 3-bedroom suites, each boasting its own private entrance. It is the perfect setup for premium rental income, a sophisticated co-living arrangement, or a luxurious multi-generational compound. Beyond the current four-unit configuration, the sheer scale of this lot is a developer's dream. With R(d1*7) zoning and a deep 135-foot lot, explore the potential for garden suites, massive extensions, or future severance(buyer to verify). The crowning jewel? a private drive with parking for up to 5 cars--a virtually non-existent luxury in downtown Toronto. Located steps from Queen East's world-class dining, cafes, transit, and parks. live in luxury, build your dream, or hold a generational wealth-generating asset!

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

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Virtual Tour
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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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