14 Holmesdale Road
Fairbank, Toronto
$2,675,000
Bedrooms: 9
Bathrooms: 8
Living Area: 3,000 sqft
Price Per Sqft: $891.67
About this Fourplex
in Fairbank, Toronto
Newly constructed, turnkey fourplex built by Modcity, Toronto's leading fourplex and sixplex developer. Fully leased. This purpose-built investment property features four 1,125 sf 3+1bedroom, 2 bathroom suites with two front pad parking spots designed for long term tenant retention and operational efficiency. All units offer identical, functional floorplans finished with custom millwork kitchens and bathrooms, engineered hardwood flooring, quartz countertops and premium appliances including gas range, in-suite stacked washer dryer, tankless water heaters and dedicated furnaces. Each suite is individually metered for heat and hydro. Constructed with durability and energy efficiency in mind to minimize near term capex and long term maintenance risk, the building features higher end Reynaers windows and doors, enhanced acoustic separation between floors, smart thermostats, keyless entry and building wide internet infrastructure. Situated in a high demand Toronto rental corridor benefiting from the newly opened Eglinton Crosstown LRT, this fully leased property presents a rare opportunity to acquire a low maintenance, new construction fourplex offering immediate cash flow and long term appreciation potential.
Listed by KW Living Realty/SMART SOLD REALTY.
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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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