538 Caledonia Road
Fairbank, Toronto
$1,590,000
Bedrooms: 6
Bathrooms: 3
Living Area: 2,500 sqft
Price Per Sqft: $636.00
About this Triplex
in Fairbank, Toronto
Discover an exceptional investment opportunity a fully legal triplex in Toronto with three spacious, self-contained units perfect for investors, multi-generational families, or buyers looking to live in one unit while renting out the others. First & second floors 2800 Sq. Ft of living splace with 3 bedrooms, 1 bath, spacious living/dining, and large kitchens. The bright walk-out basement unit is roughly 1200 Sq. Ft. features 2 bedrooms, full bath, and private rear entrance. All 3 units have secure separate entrances. Perfect for investors, multi-generational living, or live in one and rent out the others for strong income potential. Convenient location close to schools, transit, parks, and shopping. Endless possibilities in a solid, income-producing property! Whether you're an investor seeking excellent rental income, a family looking to house relatives in separate suites, or a homeowner wanting to offset your mortgage by renting out multiple units, this property delivers outstanding flexibility and value.
Listed by CENTURY 21 PEOPLE`S CHOICE 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
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| * This material is for informational purposes only. | |||
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