8 Cobalt Street
Mount Dennis, Toronto
$799,999
Bedrooms: 4
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $533.33
About this Detached
in Mount Dennis, Toronto
Exceptional opportunity in the heart of Toronto's historic neighbourhood. This beautiful property sits on a 26 ft x 115 ft lot and offers incredible potential for renovation, recently done roof and recent two-storey addition at rear. With an estimated total possible living space area of approximately 2,550 sq. ft., the property features 4 + 1 bedrooms, 3 bathrooms, a spacious family room and living room, and ample storage space, making it an ideal project for renovators seeking generous square footage to work with. Wonderful opportunity for a multiple-family home, separate entrance for the basement, potential for an in-law suite. The existing rear addition offers further flexibility to reconfigure or redesign the layout to suit modern needs. Located just steps from Jane Street & Weston Road, this home is surrounded by a vibrant community. Enjoy proximity to the GO Train station, Lions Park, the scenic Humber River, schools, local shopping, and convenient access to major highways and transit. A fantastic investment opportunity in a renovator-friendly neighbourhood full of charm, history, and growth potential.
Listed by SUTTON GROUP-ADMIRAL REALTY INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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
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| * This material is for informational purposes only. | |||
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