203 Fairview Avenue

Junction Area, Toronto

203 Fairview Avenue, Junction Area, Toronto

$1,725,000


Bedrooms: 6

Bathrooms: 4

Living Area: 2,500 sqft

Price Per Sqft: $690.00


About this Multiplex

in Junction Area, Toronto

Bright and Spacious Large 4 unit property with exceptional tenants. Building is in highly sought-after Junction area. Nestled on a quiet, tree-lined wide street of century homes. This well-maintained semi has four self-contained units. 1st floor has walkout to back deck and garden. 2nd flr. has a gas fireplace and walkout to large deck. 3rd flr has a huge deck overlooking treetops. Basement unit has separate entrance. Laneway access to a large, detached, 2 car concrete block garage with potential to build a laneway home as per new City by-law! Short walk to transportation, desirable schools and trendy Junction shops and restaurants. The property generates immediate cash flow as well as the option of living in one unit while renting out the rest.1st and 2nd floors have washers and dryers! Tenants pay hydro. New flat roof 2014. Financials available upon request. 3rd flr income not included in financials will be vacant on closing. Buyer to estimate rental income This property represents a great opportunity for investors or extended families in one of Toronto's most desirable neighbourhoods!

Listed by SUTTON GROUP-ASSOCIATES 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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