49 Batavia Avenue

Smythe, Toronto

49 Batavia Avenue, Smythe, Toronto

$889,999

Bedrooms: 0

Bathrooms: 0

Living Area: 1,100 sqft

Price Per Sqft: $809.09

About this Detached

in Smythe, Toronto

Attention builders, developers, and savvy investors-exceptional opportunity to acquire a prime 26.43 x 153.52 ft lot (4,047 sq ft) in Toronto's sought-after Runnymede area. Being sold strictly for land value. The existing structure has sustained extensive water damage (plumbing; not land waters) and is not habitable - demolition or major renovation is required. This deep, well-proportioned lot offers excellent potential for redevelopment in a neighbourhood experiencing steady reinvestment and new custom builds. Ideally located just minutes to Stockyards Village, public transit (TTC) and nearby subway access, reputable schools, parks, and amenities, with convenient connections leading to the Gardiner Expressway and Highway 400. Laneway access at the rear adds flexibility and future potential. Rare chance to secure a solid footprint in a high-demand west-end location. Property sold in "as is, where is" condition with no warranties or representations. Buyers are to conduct their own due diligence regarding zoning, permits, and development potential. A rare chance to secure a deep lot in an evolving neighbourhood with strong upside.

Listed by IQI GLOBAL REAL ESTATE.

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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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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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