185 Laughton Avenue
Pellam Park, Toronto
$1,149,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $1,044.55
About this Semi-Detached
in Pellam Park, Toronto
Welcome to 185 Laughton Ave, an exceptional investment opportunity in the highly desirable Weston Pellam Park neighborhood. Well maintained triplex features three self-contained units; One - 2 Bedroom unit and Two -1 bedroom units, each with its own private entrance and in-suite laundry, offering convenience and privacy for tenants. With estimated market rents of approximately $5,500 per month, this property presents a turnkey cash-flow opportunity for investors or owner-occupiers seeking supplemental rental income. Extensive renovations completed in 2023 include updated flooring throughout, a modern kitchen with quartz countertops, and a beautifully renovated bathroom in the main-floor unit. The detached garage at the rear offers additional value, with potential for a future laneway suite. Located just steps from transit, parks, schools, shopping, and an abundance of local amenities, this is a rare opportunity to own a versatile income-generating property in one of Toronto's growing west-end communities.
Listed by RE/MAX HALLMARK 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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