325 Westmoreland Avenue N

Junction, Toronto

325 Westmoreland Avenue N, Junction, Toronto

$1,098,000


Bedrooms: 2

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $998.18


About this Semi-Detached

in Junction, Toronto

Legal Triplex - Turnkey Investment or Multi-Generational Living Opportunity! Welcome to this bright and spacious legal triplex featuring 3 self-contained one-bedroom units, each with its own private entrance. Thoughtfully designed for comfort and functionality, all units feature laminate flooring throughout and are filled with natural light. Ideal for investors or families, this property is currently operating as a successful Airbnb, but also offers incredible potential for long-term tenants or extended family living together. Additional features include: Shared washer and dryer in a common area, 1 pad parking space, Private workshop at the rear of the property - perfect for hobbies, storage, or additional workspace. Steps to TTC transit and the vibrant restaurants on Toronto's coolest Street - Geary Ave. All furniture included - move in or rent out immediately! Don't miss this fantastic opportunity to own a versatile and fully furnished triplex in a highly convenient location.

Listed by FOREST HILL REAL ESTATE 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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