8 Stanwood Crescent

Humbermede, Toronto

8 Stanwood Crescent, Humbermede, Toronto

$899,000


Bedrooms: 4

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $449.50


About this Detached

in Humbermede, Toronto

Amazing Investment Opportunity! This spacious 5-split detached home is a perfect addition to your real estate portfolio, with current rental income of approximately $73,000 per year.**This home has one-3 bedroom, one-2 bedroom, two-1 bedroom units, each fully equipped with individual kitchens and bathrooms. With one garage parking and 4 drive parking, and a sidewalk. Own As An Investment Or Live In With A Substantial Rental Income** Large Detached Five Split A 47" Frontage! .Large lot backing onto Bluehaven Park and trail. The property is minutes away from the New Finch West LRT line, it is close to shopping, schools, groceries, and banks. Close to Highways. Whether you're looking to occupy a unit and lease the remaining or fully rent out all units, this property offers great returns.One Seller Is A Rrea***** Property Is Being Sold In "As Is" "Where Is" Condition With No Express Or Implied Warranties On Property, Chattels, And Fixtures. Extras:**Note: The pictures in the listing are from an older time period. Some appliances have been changed

Listed by REMAX YOUR COMMUNITY 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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