2 Larkin Avenue
Swansea, Toronto
$1,999,000
Bedrooms: 5
Bathrooms: 2
Living Area: 2,000 sqft
Price Per Sqft: $999.50
About this Duplex
in Swansea, Toronto
Attention first-time buyers, investors and downsizers. You have just found what you've been looking for! A beautifully appointed Duplex - 2 Family Home with development potential. Why this home is perfect: I N C O M E - G E N E R A T I N G or co-ownership opportunity - it's like two spacious bungalows, one stacked upon the other. Live in one completely separate and private 3-bedroom flat, and collect $3300* per month from the other. That's an extra $39,600 per year to help pay off your mortgage or buy it with a family member or friend. C O N V E N I E N T - mere steps to Bloor St. subway, shops, restaurants, green grocers and medical practitioners. You can walk to everything you need. Or easily zip down to the QEW and Lakeshore, or Gardiner Expwy for downtown. R E N O V A T E D - and ready to move in! New bright kitchens and white bathrooms. Updated wiring, windows, and plumbing. S O P H I S T I C A T E D E L E G A N C E - no boring box house here! Peak around the Bonsai-inspired privacy shrubs and you'll see an architecturally significant front entrance. Appreciate the old-world charm and workmanship of authentic wood wainscotting, inlaid hardwood floors, and wood trim, all lovingly preserved. Enjoy other special features in the kitchen like the cozy vibe of the banquette breakfast nook, separate pantry and built-in spice cupboard. P R I M E L O C A T I O N - in the highly sought-after and coveted family-oriented neighbourhood of Swansea-Bloor West Village, with top-rated schools. You also get private parking, a double drive and a double garage - a rarity in this urban setting; a high and dry basement with a separate entrance, and you can look into Garden Suite potential.
Listed by ROYAL LEPAGE REAL ESTATE SERVICES 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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