225 Rosemount Avenue
Weston, Toronto
$1,889,000
Bedrooms: 6
Bathrooms: 4
Living Area: 3,000 sqft
Price Per Sqft: $629.67
About this Fourplex
in Weston, Toronto
Wonderful Century Style Fourplex in Historic Weston Village! Four self contained apartments with high ceilings, three of them occupied by wonderful tenants, and one of them vacant! Sitting on a Premium 71 x 127 Ft Lot! Can be restored easily into a magnificent single family home, with antique wood trim & stained glass windows, as well as other beautiful features only found in a home of this age! Triple Car Garage at the rear, with a long driveway able to fit over 10 vehicles! 4 Separate Hydro Meters. Perfect for an investor who is also looking to owner occupy, or rent all four units at a respectable market rental rate. Main Floor Apartment (2 bed, 1 bath) $2500/month + hydro. Second Floor Apartment (2 Bed, 1 Bath) $2000/month + hydro. Third Floor Apartment (2 Bed, 1 bath): Vacant, estimated rent $1800/month + hydro. Basement Apartment (2 Bed, 1 Bath): $1400/month all inclusive. $75,600 Gross Annual Income, Potential $97,000 gross annual with 4th apartment rented!
Listed by KELLER WILLIAMS REFERRED URBAN REALTY.
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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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