372-374 Kennedy Road

Birchmount, Toronto

372-374 Kennedy Road, Birchmount, Toronto

$1


Bedrooms: 0

Bathrooms: 0

Living Area: 700 sqft

Price Per Sqft: $0.00


About this Land

in Birchmount, Toronto

Exceptional opportunity for builders, developers and land investors to acquire a rare 3-property land assembly in a highly connected Scarborough location. Offering approximately 0.65 acres with 66.5 ft of frontage on Kennedy Rd and an impressive depth of approximately 349.7 ft, this unique site presents substantial potential for future development. Ideally positioned within walking distance of Scarborough GO Station and directly across from the future Scarborough Junction development site, placing the property within an evolving transit-oriented neighbourhood. Gas, hydro, sewer, cable and telephone services are available. Property assembly includes 372 Kennedy Rd, 374 Kennedy Rd and 0 Danforth Rd. Survey and feasibility study available. A rare opportunity to secure a substantial land holding in an established Toronto neighbourhood with significant future growth potential.

Listed by WESTON REALTY PARTNERS.


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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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