14 Bowsfield Road N

York University Heights, Toronto

14 Bowsfield Road N, York University Heights, Toronto

$999,000

Bedrooms: 5

Bathrooms: 5

Living Area: 2,000 sqft

Price Per Sqft: $499.50

About this Townhouse

in York University Heights, Toronto

Attention Investors & Savvy Buyers! Rare turnkey cash-cow opportunity in a high-demand location. This massive income property easily generates over $5500 per month in gross rental income currently. Fully optimized layout currently features 5 reliable, AAA+ tenants who can be seamlessly inherited by the new owner, providing immediate positive cash flow from day one. Exceptionally maintained with functional living spaces, large windows, and great mechanics. Unbeatable location with strong rental demand, close to transit, universities/colleges, shopping, and highways. High-yielding assets like this rarely come to market. Do not miss out on adding this powerhouse to your real estate portfolio!

Listed by SUPERSTARS 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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Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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