247 Prescott Avenue

Pellam Park, Toronto

247 Prescott Avenue, Pellam Park, Toronto

$1,389,900

Bedrooms: 5

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $926.60

About this Fourplex

in Pellam Park, Toronto

Stunning turn-key fourplex offering an exceptional opportunity in a highly desirable location! Thoughtfully configured with two spacious 2-bedroom units, one 1-bedroom unit, and one bachelor unit, each showcasing modern finishes and inviting living spaces. The well-planned layout features one unit on the third floor, one unit on the second floor, and two units on the main floor, creating a versatile multi-unit property with plenty of appeal.Ideally situated on a street that offers the charm and comfortable feel of suburban living while keeping you connected to all the urban conveniences of the city. Enjoy the best of both worlds-a welcoming residential setting paired with the accessibility and lifestyle today's city dwellers appreciate. With its attractive modern interiors, turn-key condition and highly functional four-unit configuration, this property presents an exciting opportunity for investors and buyers looking to add a standout multi-unit property to their portfolio. A rare offering with tremendous appeal and an exceptional opportunity that won't last long!

Listed by UNION CAPITAL REALTY.

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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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CMHC Prem.:
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* This material is for informational purposes only.

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