8 Bridesburg Drive

The Westway, Toronto

8 Bridesburg Drive, The Westway, Toronto

$1,399,000


Bedrooms: 8

Bathrooms: 5

Living Area: 3,500 sqft

Price Per Sqft: $399.71


About this Duplex

in The Westway, Toronto

A Rare Investment Opportunity: Fully Self-Contained Duplex with Income-Generating Basement ApartmentThis is a true one-of-a-kind income property in the heart of The Westway - a legal-style duplex offering two nearly identical 2,000 sq ft units, plus a vacant 1-bedroom basement apartment ready for a new tenant or owner-occupier. The LayoutMain & Second Floor Units: Mirror-image layouts, each approximately 2,000 sq ft with 4 bedrooms and 2 full bathroomsBasement Apartment: 1 bedroom, currently vacant - perfect for extended family, an on-site super, or immediate rental incomePrivate Access: Each unit has its own rear stair access for added privacy and separationParking: 2 separate driveways plus 2 private garages - a rare feature for multi-unit properties in this pocket of Etobicoke Income & Utilities1st and 2nd floor tenants each pay their own heat and hydro (financials available upon request)3 separate hydro metersCoin-operated washer and dryer on site (approx. $6.00/load) - an easy added income streamCurrent tenants are in good standing, month-to-month - flexible for investors or owner-occupiers alike Mechanicals & Updates2 furnaces2 central air units2 water heatersRoof shingles replaced in 2023 Included3 stoves, 3 fridges, 1 coin-op washer, 1 coin-op dryer, and all electric light fixtures. All appliances and fixtures included, property being sold in as-is condition.The Bottom Line: Whether you're an investor looking for turnkey multi-unit income or a multi-generational family wanting separate living spaces under one roof, 8 Bridesburg Drive delivers flexibility, privacy, and strong income potential in one of Etobicoke's most convenient neighbourhoods

Listed by RE/MAX PROFESSIONALS 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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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