7 Nickle Street

Mount Dennis, Toronto

7 Nickle Street, Mount Dennis, Toronto

$699,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $466.00


About this Detached

in Mount Dennis, Toronto

Exceptional Investment Opportunity In The Heart Of York! Welcome To 7 Nickle St, A Rare Offering Featuring A Flexible Multi-Level Layout With Excellent Income Potential In A Highly Convenient Location. This Property Offers Multiple Self-Contained Living Areas Across Four Levels, Providing Versatility For Investors, Multi-Generational Families, Or End Users Seeking Mortgage Helper Potential. Functional Separation Between The Main Floor, Second Floor, And Basement Enhances Privacy And Expands Rental Configuration Options. Ideally Situated With Easy Access To Major Transportation Routes, This Property Is Just Minutes To Downtown Toronto And Within Close Proximity To The Eglinton LRT, TTC Transit, And Major Roadways, Providing SeamlessConnectivity Across The City. Nearby Amenities Include Schools, Parks, Shopping, Restaurants, And Everyday Conveniences, Making This A Highly Desirable Rental Location. A Strategic Addition To Any Investment Portfolio With Strong Income And Future Growth Potential. This Property Sold in "As-is" Condition.

Listed by RE/MAX REALTRON 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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