526 Quebec Avenue

Junction Area, Toronto

526 Quebec Avenue, Junction Area, Toronto

$850,000


Bedrooms: 1

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,214.29


About this Detached

in Junction Area, Toronto

Friends with Mortgages Say Yes to the Address! Prime Junction opportunity! This bright and move-in ready property offers two self-contained 1-bedroom units, each with its own entrance (both have front & back) outdoor space & separate laundry. The upper suite is filled with natural light thanks to skylights and pot lighting, while the lower level enjoys laminate flooring, pot lighting and easy walk-out access to outdoor space. Perfect for multi-family living, an in-law suite, a private retreat for a teenager or even co-buying with a friend at just $425K each! Both units feature their own outdoor areas, and parking is conveniently available off the laneway. Modern updates include laminate flooring and a thoughtful layout that maximizes space and functionality. Ideally located in the heart of The Junction, you're steps from shops, cafés, transit, and parks. An excellent opportunity to invest or live in one of Torontos most sought-after neighbourhoods!

Listed by EVANS REAL ESTATE.


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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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