70 Westdale Drive
CFB, Toronto
$1,170,000
Bedrooms: 5
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $1,063.64
About this Detached
in CFB, Toronto
Turnkey, high-yield investment property with strong cash flow and future upside! Featuring 6 bedrooms with 6 stable tenants, this fully rented home generates close to $6,000/month. Thoughtfully upgraded with full interior painting, a complete electrical update (2024), coin laundry, and exterior readiness for an EV charging station. Ideal for investors seeking a low-maintenance, income-producing asset with reliable tenancy. Located in an area where garden suites are actively being approved and built, offering excellent potential to add a self-contained backyard unit (subject to City approvals) and further increase income. A rare opportunity to secure a stabilized property with immediate returns and long-term growth potential. The property is being sold furnished.
Listed by CENTURY 21 LEADING EDGE 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
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| * This material is for informational purposes only. | |||
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