2 Ovida Avenue

City Centre West, Toronto

2 Ovida Avenue, City Centre West, Toronto

$1,950,000


Bedrooms: 3

Bathrooms: 1

Living Area: 1,100 sqft

Price Per Sqft: $1,772.73


About this Detached

in City Centre West, Toronto

This property is Sold based on existing livable home, land value and includes an approved Building permit, allow for immediate construction of an ultra-luxury custom home. The design encompasses 4,650.89 sq.ft. of living space, with an additional 590.70 sq.ft. pending approval from the Committee of Adjustment. An HCRA-licensed builder is prepared to undertake the project, or you may choose to self-build as your primary residence using the provided permit and architectural drawings. The existing structure is habitable, facilitating conventional financing. Seize thjis exceptional opportunity to create your dream residence, featuring an elevator, indoor swimming pool, sauna, steam room, poolside wet bar, private theatre, and soaring ceilings. Review the feature list for complete details of the new home design and features.

Listed by CITY-PRO 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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