5 Rosethorn Avenue
Pellam Park, Toronto
$999,000
Bedrooms: 2
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $908.18
About this Semi-Detached
in Pellam Park, Toronto
Attention investors and end users! Looking for an investment property that actually make sense in Toronto? Or are you a first-time buyer looking to break into Toronto's tough and competitive real estate market? Look no further! This semi-detached home has been fully renovated from top-to-bottom and is offered at a price that makes sense - check the numbers yourself! Investors - achieve up to a 6% cap rate or live in one unit and rent out the other two. 5 Rosethorn Avenue is a turnkey semi-detached home that has been thoughtfully converted into three self-contained units, perfect for investors or multi-generational living. Stripped down to the studs and rebuilt with care, this property offers a rare mix of modern functionality and solid craftsmanship. The main and second floors each offer spacious one-bedroom layouts with open-concept living and dining, sleek modern kitchens and renovated bathrooms. Both units are outfitted with low-maintenance luxury vinyl floors, individual en-suite laundry, new radiant heating with two zones, ductless AC/heat pump systems, and ERV units for improved air quality. Downstairs, the bright and inviting lower-level unit features an open concept layout, pot-lights and its own stylish kitchen, bathroom, and laundry. Attract better tenants with laundry in every unit! The home also includes a generous backyard and a mutual driveway with tandem parking for up to two vehicles. Tucked away on a quiet street in the vibrant St. Clair Gardens neighbourhood full of small local mom & pop shops and cafés. You are just a short stroll to the Stockyards, the Junction, and the dedicated St. Clair streetcar line. Whether you're looking to live in one unit and rent out the others or add a low-maintenance investment property to your portfolio, this is a rare opportunity not to be missed!
Listed by ROYAL LEPAGE CONNECT 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
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| * This material is for informational purposes only. | |||
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