374 Farewell Street

Donevan, Oshawa

374 Farewell Street, Donevan, Oshawa

$1,999,000

Bedrooms: 0

Bathrooms: 0

About this Land

in Donevan, Oshawa

Opportunity To Create And Purchase New Lots Along Rear Of 374 Farewell Street. Cin And R2 Zoning May Support Res Development With Guelph St & Crerar Ave Frontages. See Photo Concept Showing Potential For 6 Semi-Detached Bldgs - 12 Semi-Detached Dwellings. Other Concepts May Be Considered For Up To 3,000 Sq M Of Land, Along Rear Frontage. The Seller Is Looking For A Trusted Development Partner/Buyer To See This Through Land Severance And Development Process. Property Taxes Not Yet Assessed

Listed by RE/MAX JAZZ INC..

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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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