121 Medland Street
Junction Area, Toronto
$1,450,000
Bedrooms: 5
Bathrooms: 4
Living Area: 1,500 sqft
Price Per Sqft: $966.67
About this Duplex
in Junction Area, Toronto
Situated on a mature tree lined street near High Park, The Junction, and Bloor West Village, this move in ready legal duplex offers exceptional versatility for end users, multigenerational families, or buyers looking to supplement their mortgage. Freshly painted in neutral tones throughout, the property features three distinct self contained suites, four washrooms across all levels, and dedicated laundry with updated machines for each unit.The spacious upper residence spans the second and third floors, featuring three bright bedrooms, two washrooms, plus a functional den ideal for a primary home, family living, or dedicated office space. The main floor unit offers a charming one bedroom layout with a full washroom and a direct walkout to a deep, tranquil backyard shaded by a lush tree canopy. Completing the layout is a fully self contained lower level apartment complete with its own kitchen and washroom, currently rented for an immediate and steady income stream.Exterior features include a durable metal roof and two legal rear parking spaces accessed via a shared laneway, with potential to legalize a third space at the front. Located steps from artisanal coffee shops, vibrant dining, local boutiques, and transit, this turn key property offers the perfect combination of space, lifestyle, and financial flexibility in a premier Toronto neighborhood.
Listed by HOMELIFE/MIRACLE REALTY LTD.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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