49 Penhurst Avenue

Queensway, Toronto

49 Penhurst Avenue, Queensway, Toronto

$1,699,999


Bedrooms: 8

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $850.00


About this Semi-Detached

in Queensway, Toronto

Excellent Investment Opportunity on Quiet Cul-De-Sac! Well-maintained semi-detached multi-unit property offering strong rental income and future growth potential. Features 4 self-contained units: 2 x 3-Bedroom Units (spacious, upper levels) 1 x 1-Bedroom Unit (lower level) 1 x Bachelor Unit (lower level). Roof Done in 2023. All units are leased to responsible tenants. Includes shared coin-operated laundry, parking for 5 vehicles, and Situated on a quiet street within walking distance to public transit, shops, and amenities. Just a 10-minute drive to downtown.

Listed by RE/MAX WEST REALTY INC..


Photo 0 at 49 Penhurst Avenue, Queensway, Toronto

Photo 0

Photo 1 at 49 Penhurst Avenue, Queensway, Toronto

Photo 1


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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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