890 & 892 Broadview Avenue
Danforth, Toronto
$2,498,000
Bedrooms: 6
Bathrooms: 3
Living Area: 2,500 sqft
Price Per Sqft: $999.20
About this Triplex
in Danforth, Toronto
Secure a significant footprint in one of Toronto's most coveted neighborhoods with this rare, combined 40' x 132' lot at 890 & 892 Broadview Ave. Offering two civic addresses under a single PIN#, this property presents a premier opportunity for developers and investors to capitalize on a high-demand transit corridor. With a substantial 40' frontage, this site provides a versatile canvas for your vision, whether you are looking to maximize rental potential, eyeing a mid-rise development project, or exploring the possibility of a technical severance. The location is unbeatable, situated just steps from the Broadview/Danforth subway station, Greek Town, and vibrant local amenities. Furthermore, the property sits within the prestigious catchment for Wilkinson Jr. PS and Riverdale Collegiate Institute, making it highly desirable for families and professionals alike. Whether you choose to hold as-is or pursue rezoning to create a landmark project, this site is perfectly positioned to maximize density in a rapidly evolving, high-value district. All prospective buyers are encouraged to conduct their own due diligence to verify zoning, development rights, and municipal requirements.
Listed by RARE REAL ESTATE.
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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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