119 Essex Street W
Junction, Toronto
$1,039,999
Bedrooms: 3
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $945.45
About this Semi-Detached
in Junction, Toronto
Prime Income Property With Three Vacant Units Near Ossington and Bloor. An exceptional investment opportunity awaits, in one of Toronto's most sought-after neighbourhoods, steps from Christie Pits Park. This charming, semi-detached home has been meticulously updated and configured into three separate units, offering a rare chance for immediate, high-yield returns. Property Highlights Three Updated Units, each unit has a separate entrance and is move-in ready, appealing to discerning tenants. Set Your Own Rents With all three units currently vacant, the new owner has total control to set market-value rents from day one, maximizing earning potential. Enjoy effortless commuting with a quick bus ride to the Bloor-Danforth subway line (Ossington & Christie Stations) and multiple public transportation options steps from your door. Directly adjacent to the expansive Christie Pits Park, your future tenants will have immediate access to greenspace, an outdoor pool, playgrounds, and community events. Immerse yourself in the bustling Bloorcourt and Ossington strips, renowned for their eclectic mix of top-rated restaurants, trendy cafes, boutique shops, grocery stores, and essential services. Family. Close proximity to excellent schools enhances the property's appeal to a wide range of potential renters. This property is ideal for the savvy investor seeking a turnkey rental operation or for a multi-generational family looking for independent living. Buyer and or Agent to Verify Retrofit Status/Legality of All Present Units. Description as per Geo Warehouse Duplex, Seller & Agent Do Not Warrant Legality or Status of the 3 Units.
Listed by ROYAL LEPAGE SUPREME REALTY.
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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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