50 Brownville Avenue
Mount Dennis, Toronto
$699,000
Bedrooms: 2
Bathrooms: 4
Living Area: 700 sqft
Price Per Sqft: $998.57
About this Detached
in Mount Dennis, Toronto
Welcome to 50 Brownville Avenue! A warm, inviting, and fully renovated detached bungalow offering the perfect blend of comfort, convenience, and income potential in a rapidly growing transit-oriented neighbourhood. Just steps to the Eglinton Crosstown LRT and within walking distance to shops, restaurants, supermarkets, transit, and everyday amenities, this home is ideal for both end users and investors. The main floor is bright and functional, featuring 2 bedrooms and 2 bathrooms, currently owner occupied and thoughtfully updated throughout. The lower level offers 2 self-contained bachelor apartments, each with its own private entrance, creating excellent rental flexibility. Currently operated as Airbnb rentals, the basement units generate approximately $3,000 per month. Extensive upgrades include high-efficiency heating, heated walkway, new roof, updated drywall, insulation, flooring, wiring, and plumbing. Additional features include circuit breakers, digital/number locks, surveillance cameras, shared laundry, and 2-car parking via laneway access. Vacant possession available on closing. A wonderful opportunity to live comfortably while generating income in a convenient and connected neighbourhood.
Listed by SUTTON GROUP REALTY SYSTEMS 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
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| * This material is for informational purposes only. | |||
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