182 Coleman Avenue
Danforth, Toronto
$1,499,000
Bedrooms: 7
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $999.33
About this Duplex
in Danforth, Toronto
Exceptional opportunity to own a versatile duplex in the heart of Crescent Town, just steps from the vibrant Danforth! Whether you're an investor looking for strong income potential or a buyer seeking a multi-generational living opportunity, this property offers incredible flexibility.This solid, meticulously maintained brick home features two self-contained 2-bedroom, 1-bathroom suites on the main and upper levels, while the finished basement includes 3 bedrooms, a full bathroom, and a kitchen, providing even more living possibilities. Each unit feels bright and open, with large windows throughout. An added bonus, a private drive featuring a double-car block garage. Lovingly updated since 2020, this property showcases numerous cosmetic improvements, including new flooring and baseboards throughout, fresh paint, a beautifully renovated upper-level kitchen, updated appliances, modern light fixtures, stylish barn doors, custom closet organizers, and much more (see attached improvement list). As an added bonus, the home is being offered fully furnished, making it an exceptional turnkey opportunity.Located in one of Toronto's most connected east-end neighbourhoods, you'll enjoy being just a short walk to Victoria Park Subway Station, Danforth GO Station, parks, schools, grocery stores, cafés, restaurants, and all the everyday amenities that make the Danforth such a sought-after place to live. With convenient transit access, a vibrant community, and outstanding income potential, this is a rare opportunity not to be missed.
Listed by ROYAL LEPAGE ESTATE 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
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| * This material is for informational purposes only. | |||
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