13 Spencer Avenue
South Parkdale, Toronto
$1,998,000
Bedrooms: 5
Bathrooms: 6
Living Area: 3,500 sqft
Price Per Sqft: $570.86
About this Duplex
in South Parkdale, Toronto
Turn-Key Cash Flow Machine in the Heart of Toronto at 13 Spencer Ave! Unlock the potential of this stunning, renovated Grand Victorian just steps from the lake and Liberty Village! This legal duplex is a rare investment gem offering exceptional cash flow and a high cap rate. With approximately 3,500 sq ft of luxury living space plus a 300 sq ft rooftop terrace, this property is tailor-made for the savvy investor or multi-generational end-user.Currently fully tenanted with high-quality tenants, this property features 7 spacious bedrooms and 6 spa-inspired bathrooms (each with frameless glass showers), 2 designer kitchens, and open-concept floor plans with soaring 14-ft ceilings, exposed brick accents, and premium quartz stone finishes throughout.The walk-out basement offers incredible potential for a third income-generating unit, complete with its own entrance. With 4 private laundry setups, 4 covered parking spaces, and all major upgrades done, this is the true definition of turn-key.Live in one unit and rent the others, or sit back and collect rents from a fully stabilized asset in one of Torontos most vibrant communities.Prime Location | High-End Finishes | Strong Rental Income | Future UpsideDon't miss this rare opportunity to own a blue-chip investment in a location that continues to outperform.
Listed by RE/MAX PROFESSIONALS SIDOROVA INWOOD REALTY.
Photo 0
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
Photo 8
Photo 9
Photo 10
Photo 11
Photo 12
Photo 13
Photo 14
Photo 15
Photo 16
Photo 17
Photo 18
Photo 19
Photo 20
Photo 21
Photo 22
Photo 23
Photo 24
Photo 25
Photo 26
Photo 27
Photo 28
Photo 29
Photo 30
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
