560 Indian Grove
Junction Area, Toronto
$1,650,000
Bedrooms: 4
Bathrooms: 4
Living Area: 2,000 sqft
Price Per Sqft: $825.00
About this Fourplex
in Junction Area, Toronto
Investment gem in The Junction. This exceptional Edwardian semi-detached multiplex blends timeless architectural character with stable income, owner-occupier flexibility, and future redevelopment potential on a corner lot. This beautifully maintained property sits on an extra-wide 34.33 x 100 ft lot. A rarely available Toronto offering, the property features four self-contained suites across four levels (1 x 2-bedroom, 3 x 1-bedroom), each with dedicated outdoor space, central heating and air conditioning, and each tenant has their own parking space-4 parking spots in total. These highly desirable features consistently attract quality long-term tenants and support exceptional rental stability in one of Toronto's premier rental corridors. Ideal as a live-and-earn opportunity or turnkey investment, the property currently generates $91,440/year. Future value-add and redevelopment potential align with Toronto's evolving multiplex and EHON initiatives. The main-floor 2-bedroom suite showcases a renovated chef-inspired kitchen with granite counters, exposed brick accent wall, hardwood floors, 9'2" ceilings, in-suite laundry, and charming front porch. Upper suites feature private balconies and patios, while the lower-level 1-bedroom offers above-grade windows, private entrance, in-suite laundry, and outdoor space. Steps to Dundas West's trendy shops, acclaimed restaurants, cafés, craft breweries, TTC, the Railpath, High Park, and Stockyards Village. Detailed financials, feature sheet and pro forma available upon request.
Listed by SUTTON GROUP-TOWER 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
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| * This material is for informational purposes only. | |||
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