226 Bicknell Avenue

Eglinton West, Toronto

226 Bicknell Avenue, Eglinton West, Toronto

$1,065,000


Bedrooms: 6

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $710.00


About this Triplex

in Eglinton West, Toronto

Rare Opportunity to acquire a rare detached legal triplex in Toronto's rapidly evolving Keelesdale neighbourhood. Situated on a 25 x 120 ft lot, 226 Bicknell Ave offers income potential with strong long-term redevelopment upside for investors, builders, and strategic buyers alike. This fully detached three-storey property features three self-contained 2-bedroom units, each with a functional layout including a full kitchen, living room, dining area, 4-piece bath, and dual exits for added safety and convenience. Separate hydro meters for each unit plus shared coin-operated laundry provide additional income optimization opportunities. Rare rear parking accommodates up to 3 vehicles.The unfinished top-floor unit presents a unique value-add opportunity for investors to complete and customize the space to their own vision, design preferences, and rental strategy.Located on a high walk score residential street just a 3-minute walk to the LRT and close to TTC transit, this property benefits from exceptional connectivity and continued neighbourhood growth. Minutes to the vibrant Stockyards District offering shopping, restaurants, grocery stores, and everyday amenities. Convenient access to schools, parks, community centres, Hwy 401, Hwy 400, and the Gardiner Expressway.An excellent opportunity for investors seeking rental income today while positioning for future appreciation, value-add improvements, or longer-term redevelopment potential in one of Toronto's transforming west-end communities. Property being sold in "as-is, where-is" condition. Seller makes no warranties or representations. All measurements, taxes, and details to be independently verified by the buyer.

Listed by ROYAL LEPAGE SIGNATURE 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


     
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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