3989 Bloor Street W
City Centre West, Toronto
$1,500,000
Bedrooms: 0
Bathrooms: 0
Living Area: 1,100 sqft
Price Per Sqft: $1,363.64
About this Land
in City Centre West, Toronto
Prime development opportunity on Bloor St W with potential for a larger assembly. 3989 Bloor St W offers a 40 x 150 ft lot being sold as land only. With neighbouring sites also listed on MLS, with a potential for combined frontage of approximately 166.25 ft providing excellent scale and flexibility for redevelopment. A recently accepted settlement by the City now paves the way for implementation of new "as-of-right" development of mid-rise residential buildings on major streets. Be one of the first to seize this opportunity and build a boutique condominium, townhomes or apartment building up to 6 storeys. Featuring a wide right-of-way on Bloor, transit at the doorstep, and proximity to Hwy 427 and Kipling Transit Hub, this site has all the key attributes to deliver a successful mid-rise project under the City of Torontos new housing policies. Planning consultation material available. Please do not walk the property or speak with occupants.
Listed by ROYAL LEPAGE ESTATE REALTY.
Photo 0
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
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. | |||
Request A Showing Or Find Out More
Have a question or interested in this property? Send us a message!
inquire
