25 Templar Drive
The Westway, Toronto
$2,980,000
Bedrooms: 5
Bathrooms: 6
Living Area: 1,500 sqft
Price Per Sqft: $1,986.67
About this Multiplex
in The Westway, Toronto
Premium Purpose-Built Investment Opportunity, Not Subject To Rent Control. Exceptional Recently Completed 5-Unit Rental Property In Etobicoke, Featuring A Legal Fourplex Plus A Brand-New Garden Suite-Ideal For Investors Seeking Strong Cash Flow And Minimal Maintenance.Each Of The Five Self-Contained Units Has A Private Entrance And Was Built To Qualify For The CMHC MLI Select Program (Buyer To Verify Eligibility). Units Are Energy-Efficient (See Energy Report Attached ) The Fourplex Was Fully Rebuilt Inside And Completed In December 2024, With New HVAC, Electrical, Plumbing, And Drain Systems Throughout. The Garden Suite Was Completed In October 2025 And Showcases 10' Ceilings And Premium Finishes. Fourplex Layout: Four 1-Bedroom / 1-Bathroom Suites (Two Upper, Two Lower). Garden Suite: One 1-Bedroom / 1.5-Bathroom Unit With High Ceilings.Currently, Three Units Are Leased To A++ Tenants. Tenants Pay Their Own Utilities, No Common Expenses In Buildings, Ensuring Strong Net Operating Income.Estimated Annual Potential Gross Rent Of $140,400. Buyer To Assume Development Charge Deferral Agreement With The City Of Toronto. Estimated Financials Available Upon Request. All Info Contained Herein Is Being Provided For Info Purposes & Is Not A Warranty. Seller Prefers To Sell 100% Shares of Holding Corporation, Call LA to Discuss Benefits For The Buyer.
Listed by RIGHT AT HOME 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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