255 Gamma Street

Alderwood, Toronto

255 Gamma Street, Alderwood, Toronto

$2,580,000

Bedrooms: 6

Bathrooms: 7

Living Area: 2,500 sqft

Price Per Sqft: $1,032.00

About this Triplex

in Alderwood, Toronto

Class - A Investment Property. Exceptional turnkey 5-unit, Fully Leased to fantastic tenants at great rates. Brand new private 2 bedroom/1 bedroom+ loft garden house built in 2025 features heated floors on main, among many spectacular features. Main house fully gutted and renovated in 2025 to condo standards. Each unit features new kitchens, new bathrooms, new flooring, and includes all new appliances. New and upgraded mechanicals, 7 new (wall mounted) AC systems, 4 laundry sets and modern finishes throughout make this a rare hands-off investment. 5electrical meters and separate water meter for each unit. All ceilings, floors and walls are insulated for soundproofing and fire rated for safety.Security cameras, new asphalt driveway, landscaping, new fence on the back and separation between garden suite. Private drive and designated parking spots. Strong rental income. Located in desirable South Etobicoke, close to transit, major highways, and amenities.

Listed by RE/MAX REAL ESTATE CENTRE 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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