975 Dovercourt Road

Junction, Toronto

975 Dovercourt Road, Junction, Toronto

$13,650,000

Bedrooms: 18

Bathrooms: 10

Living Area: 3,500 sqft

Price Per Sqft: $3,900.00

About this Multiplex

in Junction, Toronto

Investor Alert Rare AAA Location Opportunity. Introducing a new class of boutique multifamily investment: brand-new, ultra-efficient, luxury rental complex in Toronto's most sought-after AAA neighborhoods. Property features premium layouts, mostly furnished suites, exceptional tenant appeal, and is built to the highest sustainability standards. Constructed post-2018 and fully exempt from rent control, all buildings come with a CMHC-insured MLI Select mortgage with 50-year amortization already in place enhancing long-term cash flow stability. Offered strictly at a 2.5% CAP rate non-negotiable these are long-hold, wealth-preserving assets priced to reflect their unmatched quality and scarcity. We are not time-sensitive sellers. Pricing will adjust upward as rent rolls continue to grow. CMHC MLI-Select Financing pre- arranged.

Listed by KELLER WILLIAMS ADVANTAGE 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

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

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