120 Edinborough Court

Smythe, Toronto

120 Edinborough Court, Smythe, Toronto

$1,395,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $1,268.18


About this Detached

in Smythe, Toronto

***OVER $100,000.00 YEARLY INCOME*** Utilities Paid By Tenants. Discover this exceptional investment potential with this charming, renovated detached home situated on a potential double lot, featuring three distinct, self-contained units, each meticulously modernized with updated kitchens and bathrooms throughout. The upper level offers a 2-bedroom unit, the main floor presents a 2-bedroom unit, and the lower level provides an additional 1-bedroom unit, all contributing to significant rental income possibilities. This property also boasts a private driveway with parking for 6 vehicles and garage for 2 vehicles and a sauna. Located on a quiet street with direct access to a park, it offers a serene environment while providing easy access to public transportation, highways, and numerous local stores. Buyers should note that they will assume all tenants, and the sellers do no represent or warrant the retrofit status of the basement.

Listed by SUTTON GROUP-ASSOCIATES REALTY 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


     
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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