132 Wallace Avenue
Junction, Toronto
$1,660,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $1,509.09
About this Detached
in Junction, Toronto
Absolutely Stunning, Fully Renovated Detached Home with Income Potential!Welcome to this turnkey gem! A beautifully renovated 3+1 bedroom detached home featuring a fully finished basement apartment with a private walk-up entrance. Perfect for end-users or investors, this property offers modern design, functional living space, and a prime location. Recent Renovations (Completed Within the Last Month): Brand new chefs kitchen with stainless steel appliances, quartz countertops, rolling centre island, and stylish cabinetry, Engineered hardwood flooring throughout, Elegant pot lights and wrought iron pickets, Freshly painted interior with modern finishes, New front entry door, updated 4-piece main floor bathroom, and 3-piece second-floor bathroom, Full-size main floor washer & dryer, Roof approx. 3 years old; upgraded copper water line from house to city, Furnace approx. 9 years old; Basement Apartment: Fully finished with separate entrance, Ideal for rental income or in-law suite; Exterior Features: Detached 2-car garage at the rear, Private outdoor space for entertaining or relaxing; Versatile Layout: Potential to convert small upstairs bedroom into a third kitchen, creating a triplex for additional rental income; Unbeatable Location: Steps to top-rated schools, TTC, subway station, High Park, scenic walking trails, grocery stores, restaurants, and more! This home offers the perfect blend of modern style, thoughtful upgrades, and incredible investment potential all in a high-demand neighbourhood. A Must-See! Priced to Sell. Move-In Ready. A+++
Listed by ROYAL LEPAGE MAXIMUM 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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