68 NINTH Street

New Toronto, Toronto

68 NINTH Street, New Toronto, Toronto

$1,799,900


Bedrooms: 6

Bathrooms: 5

Living Area: 2,000 sqft

Price Per Sqft: $899.95


About this Multiplex

in New Toronto, Toronto

Ideally positioned in the sought-after New Toronto neighbourhood, this well-located 5-unit multiplex is just steps from the lake and within close reach of parks, schools, transit, and everyday amenities. The building comprises of two 2-bedroom units, two 1-bedroom units, and one bachelor unit - all well-maintained and clean, offering comfortable living spaces that could appeal to a broad range of tenants for ease of rentability. Building Is Very Well Kept With All The Major Components Updated And Regularly Maintained. This rare offering sits on a generous lot, presenting excellent potential for renovation, redevelopment, or expansion (subject to municipal approvals). A rare gem that offers significant flexibility in a high-demand, lakeside community.

Listed by SUTTON GROUP - SUMMIT 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


     
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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