86 Macdonell Avenue

Roncesvalles, Toronto

86 Macdonell Avenue, Roncesvalles, Toronto

$1,290,000


Bedrooms: 4

Bathrooms: 2

Living Area: 1,500 sqft

Price Per Sqft: $860.00


About this Semi-Detached

in Roncesvalles, Toronto

Extraordinary "2-Family" 3-storey Victorian style home offers live-in plus rental income. Main and lower level currently tenanted month-to-month at $2,300.00/month. Finished walk-up basement. Huge discounted Seller financing available at 1% for one year up to 65% loan to value. No income qualification needed, great for self-employed or just arrived residents. Private front door entrance to 2nd/3rd floor 3 bedroom apartment features an expansive front sun deck, private laundry, beautiful renovated 4 piece bathroom, kitchen with separate sunroom eating area with walkout to backyard. An exit to the front yard and the back yard seamlessly connects indoor and outdoor living spaces. Large eat in kitchen on main floor, 4th bedroom plus finished basement rec room and a study. Laneway to 1 car garage and storage area for enhanced convenience. 2 Separate hydro meters.

Listed by HOMELIFE PARTNERS REALTY CORP..


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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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