6 Monaco Court
Black Creek, Toronto
$1,199,000
Bedrooms: 4
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $799.33
About this Detached
in Black Creek, Toronto
A Rare Offering in Prime North York. Discover an exceptional opportunity to own one of the largest parcels in the neighbourhood, set on an expansive 39 x 160 ft lot (nearly 1/4 acre) on a pie shaped lot. This remarkable property combines immediate income potential with outstanding future redevelopment possibilities. Offering over 2,100 sq ft of living space, this spacious residence features 4 bedrooms plus a finished 3-bedroom bsmt with separate entrance. Most rooms on the upper level and in the bsmt are currently rented to individual tenants, generating approximately $5,000 per month in rental income. New buyer has the option to either assume the existing tenants or obtain vacant possession. The home showcases a bright open-concept layout, hardwood flooring, and a sunroom extension that enhances everyday living. A kitchen extension adds further functionality with potential for additional amenities. Outdoors, enjoy a private oversized backyard and extensive parking, including 8-cardriveway capacity and an oversized garage. The garage also offers future conversion potential into additional living space (subject to approvals).Perfectly positioned near the newly inaugurated LRT and just minutes from Vaughan downtown, three nearby subway stations, this home provides seamless access to transit, York University, major highways, shopping, and top amenities-all while being tucked away on a quiet, desirable court. With its rare lot size, prime location, and versatile layout, this is a standout opportunity for investors, builders, and end users alike. Seller will freshly paint the entire house prior to or upon closing. Please note that the photos used in this listing are not original. All photos, any furniture, and appliances shown were taken from a previous listing and may not reflect the property's current condition or contents."Home needs TLC."
Listed by RE/MAX GOLD REALTY INC..
Photo 0
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
Photo 8
Photo 9
Photo 10
Photo 11
Photo 12
Photo 13
Photo 14
Photo 15
Photo 16
Photo 17
Photo 18
Photo 19
Photo 20
Photo 21
Photo 22
Photo 23
Photo 24
Photo 25
Photo 26
Photo 27
Photo 28
Photo 29
Photo 30
Photo 31
Photo 32
Photo 33
Photo 34
Photo 35
Photo 36
Photo 37
Photo 38
Photo 39
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. | |||
Request A Showing Or Find Out More
Have a question or interested in this property? Send us a message!
inquire
