252 Wright Avenue

Swansea, Toronto

252 Wright Avenue, Swansea, Toronto

$1,999,000


Bedrooms: 5

Bathrooms: 4

Living Area: 2,500 sqft

Price Per Sqft: $799.60


About this Fourplex

in Swansea, Toronto

Versatile real estate opportunity in the heart of Roncesvalles. This detached 2.5-story brick fourplex sits on a deep lot on a tree-lined street, offering distinct possibilities as a multi-unit investment, a co-ownership property to enhance affordability, or a conversion back to a single-family residence. Walk Score: 92, Transit Score: 89, Bike Score: 82. Steps to Roncesvalles Ave, High Park, transit, shops, and cafes. Spanning over 2,600 sq ft above grade plus a lower level, the property features two 1-bedroom units and two 2-bedroom units, all tenanted on a month-to-month basis-ideal for generating immediate rental income to supplement a mortgage. The structure features original woodwork, stained glass windows, and a south-facing exposure. The main floor includes natural wood coffered ceilings. The second floor features a sunroom overlooking the backyard. The top floor offers vaulted ceilings, and the lower level features a 1-bedroom unit. Equipped with a 200-amp electrical service.

Listed by ONE PERCENT REALTY LTD..


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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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