5 Northcliffe Boulevard
Davenport, Toronto
$2,199,000
Bedrooms: 6
Bathrooms: 6
Living Area: 3,000 sqft
Price Per Sqft: $733.00
About this Detached
in Davenport, Toronto
Don't miss this rare opportunity to own a meticulously maintained, legal 6-plex in one of Toronto's most sought-after neighborhoods. This income-generating property features six spacious one-bedroom units, two of which are enhanced by charming fireplaces, plus a third fireplace located in the separate office space in the basement. This property is a truly hassle-free investment with significant growth potential. Perfect for investors or owner-users seeking a dependable, income-generating property in a prime neighborhood. Don't let this opportunity pass you by! Right-of-way driveway to surface parking spaces at the rear of the property, seven hydro meters. Tenants responsible for hydro and additional revenue from coin laundry.
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..
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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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