53 Twenty Fourth Street N

Long Branch, Toronto

53 Twenty Fourth Street N, Long Branch, Toronto

$948,888

Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,355.55

About this Detached

in Long Branch, Toronto

Welcome to 53 Twenty Fourth St, a fantastic opportunity for investors or end-users seeking a versatile multi-unit property.This property features two self-contained units with separate entrances:Front Unit: Includes 2 bedrooms, 1 bathroom, and a full kitchen.Rear Unit (access from backyard): Includes 1 bedroom, 1 bathroom, and a kitchen.An excellent opportunity to live in one unit while generating rental income from the other, or to add a strong income-producing property to your investment portfolio.Conveniently located close to schools, parks, shopping, public transit, and major amenities.The seller and listing brokerage make no representations or warranties regarding the retrofit status or legality of the units. Buyers and buyer's agents are responsible for conducting their own due diligence, including verifying all measurements.

Listed by CEG REAL ESTATE INC..

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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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