104 Dixon Road N

The Westway, Toronto

104 Dixon Road N, The Westway, Toronto

$1,399,000


Bedrooms: 5

Bathrooms: 3

Living Area: 5,000 sqft

Price Per Sqft: $279.80


About this Triplex

in The Westway, Toronto

RARELY OFFERED DETACHED TRIPLEX IN PRIME WESTON LOCATION - FULLY RENOVATED WITH 4 SEPARATE HYDRO METERS, PRIVATE PARKING, AND HIGH CASH FLOW POTENTIAL - AN INVESTOR'S DREAM!THIS SOLID DOUBLE-BRICK 3-PLEX COMBINES MODERN UPGRADES WITH TIMELESS CRAFTSMANSHIP AND IS PERFECTLY POSITIONED NEAR HUMBER RIVER, WESTON GOLF CLUB, TTC, SCHOOLS, AIRPORT, AND HIGHWAYS. ENJOY STRONG RENTAL INCOME FROM 3 SELF-CONTAINED UNITS, EACH WITH THEIR OWN ENTRANCES, PLUS A BONUS SHARED COIN LAUNDRY FOR ADDITIONAL REVENUE.TOP 5 REASONS TO OWN THIS PROPERTY: 1. CASH-FLOW MACHINE - FULLY TENANTED UNITS WITH SEPARATE HYDRO METERS = MAXIMUM PROFITABILITY 2. TURNKEY INVESTMENT - RENOVATED INTERIORS, EXCELLENT MECHANICALS INCLUDING GOODMAN FURNACE & NORITZ TANKLESS HOT WATER3. PRIME LOCATION - STEPS TO TRANSIT, MAJOR ROUTES, SCHOOLS, PARKS, AND NATURE TRAILS 4. PARKING FOR MULTIPLE VEHICLES - PRIVATE DRIVEWAY + FENCED BACKYARD FOR TENANT USE OR FUTURE DEVELOPMENT 5. RARE MULTI-UNIT ZONING - IDEAL FOR INVESTORS, EXTENDED FAMILIES, OR LIVE-IN OWNERS LOOKING TO OFFSET MORTGAGE THE LOWER LEVEL FEATURES HIGH CEILINGS AND ENDLESS POTENTIAL. TWO SEPARATE STAIRWELLS OFFER MAXIMUM PRIVACY AND FLOW BETWEEN UNITS. INCLUDED: ALL EXISTING APPLIANCES, COIN WASHER/DRYER, WINDOW COVERINGS, AND LIGHT FIXTURES (EXCLUDING TENANTS'). THIS IS YOUR CHANCE TO OWN A RARE, INCOME-GENERATING GEM IN A RAPIDLY GROWING TORONTO NEIGHBOURHOOD. BOOK YOUR PRIVATE SHOWING TODAY - OPPORTUNITIES LIKE THIS DON'T LAST!

Listed by EXP 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


     
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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