20 Torrens Avenue

Broadview North, Toronto

20 Torrens Avenue, Broadview North, Toronto

$1,599,000


Bedrooms: 4

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $799.50


About this Detached

in Broadview North, Toronto

Welcome to 20 Torrens Avenue - A Rare Multi-Family Investment Opportunity in Prime Broadview North Neighbourhood. Multi-generational living. Built-in investment. Endless possibilities.Offering 2,257 SF across multiple levels of generous living space, this back split features 4 spacious bedrooms, a den, and 3 full bathrooms - solid bones, ready for your personal touch - in one of Toronto's most connected and evolving pockets: Broadview North.Sitting on a rare 150 ft deep lot with 4 separate entrances (main, side, 2 in the bsmt) this home offers true multi-family potential - an ideal choice for multi-generational families or investors seeking a built-in investment with real income potential. Truly one of the most unique lots in prime East York, Toronto, just minutes to Downtown.Second level: 3 bedrooms + 5-piece bathroom with skylight. Main & Ground level: bedroom, spacious den, 3 piece bathroom, kitchen, dining room, living & family rooms with additional walk-out sliding door to a beautiful backyard plus another side entrance from ground level. Basement -accessible by 2 separate entrances: recreation room with wet bar, second kitchen, dining area, 4 piece bathroom and laundry room. With multiple entrances - front door, 2 basement entrances, side door entrance, and backyard W/O - this home is built for flexibility, privacy, and independent living for extended family or tenants. 5 total parking spaces (1-car garage + 4 additional parking spaces) - a rare find minutes to downtown. Unbeatable location: walking distance to top-rated schools and the scenic Lower Don Valley trails, with quick access to the DVP, reliable TTC, the Brickworks, Rosedale Valley, and the East York Community Centre - steps to Broadview. Investor alert: this renovator's opportunity on a rare 150 ft deep lot with 5-car parking and 4 separate entrances won't last. Bring your vision and transform this home into your family's next chapter or your next great investment.

Listed by RIGHT AT HOME REALTY.


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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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