7 Auburn Avenue

Davenport, Toronto

7 Auburn Avenue, Davenport, Toronto

$1,789,900

Bedrooms: 6

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $1,193.27

About this Triplex

in Davenport, Toronto

Welcome to this exceptional investment opportunity in Corso Italia, Toronto! This triplex features three fully rented 2-bedroom units, each boasting a 4-piece bathroom for maximum tenant comfort. With the added convenience of four separate hydro meters and three separate hot water tanks, managing utilities is a breeze. The property includes coin laundry facilities,enhancing its appeal for both landlord and tenants. Enjoy the convenience of a 2-car detached driveway with Laneway access, making parking a hassle-free experience. Don't miss out on this turnkey investment with a solid rental history. ** EXTRAS ** Detached 2 Car Garage & Driveway Plus Laneway Access (laneway suite a possibility)Large Lot Dufferin & St Clair Location Easy Access Around Downtown Core, Shops, Dining, Transit Steps Away. AAA+ Tenants.

Listed by ROYAL LEPAGE SIGNATURE 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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