342 Hopewell Avenue

Belgravia, Toronto

342 Hopewell Avenue, Belgravia, Toronto

$1,249,000


Bedrooms: 4

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $832.67


About this Triplex

in Belgravia, Toronto

Discover a rare investment or multi-family opportunity at 342 Hopewell Ave, ideally situated in one of Toronto's most promising and evolving areas. This well-maintained triplex offers two spacious 2-bedroom units and one 1-bedroom unit, each separately metered for maximum convenience and flexibility. The top floor was thoughtfully renovated for owner-occupied living, featuring a modern open-concept design perfect for contemporary lifestyles. With ample parking, coin laundry for extra income, and a great layout. This property must be seen to be appreciated. With close proximity to shops, restaurants, parks, and access to transportation like Allen, TTC, and Eglinton Crosstown LRT nearing completion, there is a lot of upside potential that can still be realized.

Listed by KELLER WILLIAMS REFERRED URBAN 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


     
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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