500 Caledonia Road
Fairbank, Toronto
$1,049,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $699.33
About this Detached
in Fairbank, Toronto
Ready-to-Go Investment Opportunity! This detached home sits on a generous lot with a private driveway and offers excellent income potential. The property features three self-contained units, each with its own kitchen and separate entrance-located in the basement, main floor, and second floor. In addition, there is an approximately 900 sq ft newly built garden house (permit not yet obtained), offering further potential. A perfect choice for investors seeking strong cash flow and long-term appreciation. Alternatively, it can be easily converted back into a spacious single-family home, ideally located in a sought-after neighborhood just steps from Bert Robinson Park and the upcoming Eglinton LRT.
Listed by CENTURY 21 LEADING EDGE REALTY INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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