35 Ridge Road

CFB, Toronto

35 Ridge Road, CFB, Toronto

$999,888

Bedrooms: 4

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $908.99

About this Detached

in CFB, Toronto

Excellent investment or end-user opportunity. Currently configured as 3 self-contained units generating approx. $7,500/month in rental income, buy and start earning immediately. Can be easily converted back to a 4-bedroom, 3-bathroom single-familyhome. Located near schools, hospital, grocery stores, Hwy 401, Downsview Park, public transit, and just 8 minutes to Yorkdale Mall. Finished basement offers added flexibility and income potential. A rare opportunity offering immediate income and long-term flexibility, don't miss out.

Listed by RE/MAX EXPERTS.

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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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