23 Myrtle Avenue
South Riverdale, Toronto
$1,098,000
Bedrooms: 4
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,568.57
About this Townhouse
in South Riverdale, Toronto
Fully Renovated house in the heart of Leslieville offers a unique opportunity for homeowners and investors alike. Freehold townhouse with two kitchens, It's perfect for living and renting, or for two couples to share in comfort and privacy. Situated in a prime location, this home is within walking distance of Riverdale Collegiate Institute, Home Depot, various schools, parks, and a variety of dining options. The vibrant Leslieville neighborhood also boasts grocery stores, boutiques, and easy access to public transit. The home has undergone a comprehensive renovation (approximately 95% complete), with much of the structure gutted and rebuilt to modern standards. Functional living space with high ceilings, new HVAC system, and modern finishes throughout. If not required, kitchen on 2nd floor will be removed. The main floor includes a spacious kitchen, 4 rooms, and a small deck, while the second floor has a full kitchen and 2 bedrooms. The kitchen can be removed on request to make it 3 bedrooms. House with the potential for a laneway suite to generate extra income, this home offers both versatility and investment potential. The main floor could be rented out for approximately $2,300/month, while the second-floor unit could bring in around $2,000/month. New upgrades include granite countertops in both kitchens, six new windows, a new furnace, A/C, 200-amp electrical service, and an owned tankless water heater. The home's private backyard is a bonus, offering a peaceful retreat and an excellent space for outdoor entertaining. One of the standout features of this property is its exceptionally deep lot with a T-style parking area, which can accommodate up to two cars. The home is ideally located near the beach, Lake Ontario, Woodbine Park, and various local attractions ''NOTE* Kitchen can be removed if not required at the seller's cost after closing. 24 Hour notice required to show the place.
Listed by HOMELIFE G1 REALTY INC..
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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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