247 Belgravia Avenue

Belgravia, Toronto

247 Belgravia Avenue, Belgravia, Toronto

$1,028,000


Bedrooms: 5

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $934.55


About this Detached

in Belgravia, Toronto

This detached property offers three fully self-contained units with separate entrances, including a renovated top floor 2-bedroom suite, a main floor 1 bedroom, and a spacious 1-bedroom basement unit. A detached garage with extra storage adds great value. Vacant possession gives you the flexibility to move in, improve units to your taste, or run it as a turnkey investment from day one. Only five minutes to the future Eglinton and Dufferin LRT station and with a Walk Score of 94, this location attracts strong tenant demand and long-term appreciation. Ideal for investors or first-time buyers looking to live in one unit while collecting rent from the others.

Listed by ELEVATE 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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