115 Mavety Street
Junction Area, Toronto
$1,899,000
Bedrooms: 5
Bathrooms: 4
Living Area: 2,500 sqft
Price Per Sqft: $759.60
About this Semi-Detached
in Junction Area, Toronto
Welcome to 115 Mavety St. This impressive 2.5 storey legally registered multi-unit home, with incredibly rare private driveway & detached 2 car garage, offers unmatched ownership versatility attracting investors, multi generational buyers, and those looking to live for free with added income! Property has been made VACANT for sale purposes! NO TENANTS!!! Simple to rent with impressive proven gross rent over $128,000/year. Opportunity to easily increase to over $144,000/year (add another unit in lowered basement) and instantly raise your cap rate to an unheard almost 7%! Choose one of the renovated units to call your new home and literally live for FREE! bigger than it looks, has to be seen to be fully appreciated! Currently separated into 4 units, all with private exterior spaces, additional storage and on site coin laundry! Add more value by finishing the already lowered basement with private side entrance into another self contained unit. Thoughtfully renovated throughout incorporating bright and spacious interior living spaces with new open concept kitchens and designer bathrooms. Benefit from the extensive mechanical upgrades including 4 separate hydro meters, upgraded copper wiring (200-amp service), upgraded plumbing, 3/4 copper intake, multi zone heat control, upgraded windows, newer roof and more! No additional work needed! Amazing lot widening to 30ft with incredibly rare private driveway (easy parking for 6-8 cars) and detached garage offering future garden suite potential. Perfectly located on a quiet tree lined street in Toronto's coveted West End steps to The Junction, High Park, Bloor West Village & Roncesvalles. Ideal access to Keele Station, Public Transit, Top Ranked schools, boutique shops, delicious restaurants/cafes, beautiful parks and the cities best waling trails. West End Toronto living at its absolute finest! This property is priced to sell!
Listed by FREEMAN REAL ESTATE LTD..
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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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