3585-3587 Eglinton Avenue W

Mount Dennis, Toronto

3585-3587 Eglinton Avenue W, Mount Dennis, Toronto

$2,899,000

Bedrooms: 3

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $1,932.67

About this Detached

in Mount Dennis, Toronto

Attention Investors & Developers! Exceptional redevelopment opportunity at 3585 & 3587 Eglinton Ave W total area 9,612 sq. ft., zoned RA(x465). Prime transit-oriented location backing onto a ravine, just steps to the upcoming Mount Dennis Station and the Eglinton Crosstown LRT. Ideal site for affordable housing or mixed-use development with potential CMHC financing incentives. Surrounded by rapid growth and multiple new developments in the area. A rare opportunity in one of Torontos fastest-evolving corridors. Property is for Sale in As is Condition.

Listed by SUTTON GROUP-ADMIRAL 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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