67 - 121 L'amoreaux Drive
L'Amoreaux, Toronto
$699,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,200 sqft
Price Per Sqft: $582.50
About this Townhouse
in L'Amoreaux, Toronto
Whether you're a first-time buyer, growing family, downsizer, or investor looking for rental income and great value, this one is for you. This townhouse features a finished basement, attached garage, and a backyard. Currently operating as an income-generating rental property, ideal for buyers seeking immediate rental income. Situated in a prime Scarborough location, everything is within walking distance: mins away from parks, schools, grocery stores, cafes, and bus stops easily connecting to subway line. Maintenance fees include snow removal, grass landscaping, and all exterior repairs. *****Property is rented to multiple tenants sharing common areas and is generating $3,900/month in rental income not including one main unit on main level. Potential Upside: additional income of $1,500+ from main level vacant unit.
Listed by TFN REALTY INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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