299 Quebec Avenue
Junction Area, Toronto
$1,599,000
Bedrooms: 8
Bathrooms: 3
Living Area: 2,500 sqft
Price Per Sqft: $639.60
About this Triplex
in Junction Area, Toronto
Investor's Dream! Rare Opportunity To Own A Legal Triplex In The Heart Of The Junction. This Semi-Detached Income Property Offers Approx. 2,744 Sq.Ft. above grade, Creating Exceptional Cash Flow And House-Hacking Potential. Live In One Unit While The Other Suites Help Pay Your Mortgage, Or Maximize Income By Renting All 3 Levels. The 2nd Floor Unit Is Currently Tenanted, Providing Immediate Rental Revenue. Two Of The Three Units Have Been Recently Renovated, Including The Addition Of New A/C Units On Each Floor For Enhanced Comfort And Efficiency. Rare 2-Car Garage Plus Ample Street Parking. Unbeatable Location Directly Across From Humberside Collegiate Institute, One Of Toronto's Top-Ranked High Schools. Steps To High Park, High Park Subway Station, Bloor West Village, The Junction, Trendy Restaurants, Cafes, Shops, Grocery Stores, And All Major Amenities. Quick Access To Downtown Toronto. A Turnkey, Income-Generating Property In One Of Toronto's Most Desirable And High-Demand Rental Neighbourhoods.
Listed by RE/MAX PREMIER THE OP TEAM.
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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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