106-108 King Street

Weston, Toronto

106-108 King Street, Weston, Toronto

$1,888,888

Bedrooms: 3

Bathrooms: 3

Living Area: 5,000 sqft

Price Per Sqft: $377.78

About this Multiplex

in Weston, Toronto

Excellent Investment Opportunity in a highly desirable and convenient location! This attractive corner-lot property features two commercial units and one residential unit, providing a diversified income stream from both commercial and residential tenants. The property is currently fully occupied, with established tenants in place. The first commercial unit is occupied by an appliance store, while the second commercial unit is home to a yoga studio. The residential unit is also occupied by a residential tenant, providing an additional source of rental income. The property offers excellent exposure and accessibility, with convenient access to Highways 401 and 404, as well as the Weston GO Station, parks, public transit, shopping, restaurants, and other amenities. The corner-lot configuration provides additional flexibility and potential appeal for investors and future owners. The combination of commercial and residential income, established tenancy, strategic location, and potential for future growth or expansion makes this an attractive opportunity for investors seeking a property with multiple income sources and long-term potential. A rare opportunity to acquire a versatile income-producing property in a well-connected location with strong potential for future value appreciation.

Listed by ROYAL TEAM REALTY 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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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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