434 Victoria Park Avenue
The Beaches, Toronto
$1,550,000
Bedrooms: 5
Bathrooms: 4
Living Area: 2,000 sqft
Price Per Sqft: $775.00
About this Triplex
in The Beaches, Toronto
LEGAL MODERN TRIPLEX OPEN HOUSE TODAY! Welcome to 434 Victoria Park Ave. Over 3040 Sq Ft. spread over 3 fully updated units spread over 4 levels. This impeccably renovated legal modern triplex is located in the Upper Beach area just off the trendy Kingston Road shopping district. Excellent designed and maintained property features three (3) modern self-contained units, each tastefully designed and each unit has its own private entrance, it's own in-suite laundry and 1 front parking pad and 2 car garage at rear (garden suite compliant). This building has been strategically recently re-designed for maximum impact, efficiency and income potential. All units have been appointed with quality materials and built with superior craftsmanship and completed with modern appliances. The detached double car garage provides additional upside potential for increased income and potential garden suite re-development. This home is equipped with 2 furnaces, 2 hot water tank-less heaters, and 2 A/C units for efficient climate control and comfort. Three (3) hydro meters and two (2) gas meters also make this property easy for a landlord to manage. This is a turnkey investment opportunity or live in one and rent out the other 2 units making home ownership very affordable. Enjoy the convenience and economy of a full sized "live-in" property with low maintenance and exceptional income and upside potential. (garden suite compliant).
Listed by REAL ESTATE HOMEWARD.
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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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