340 Pacific Avenue

Junction Area, Toronto

340 Pacific Avenue, Junction Area, Toronto

$1,649,000


Bedrooms: 3

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $824.50


About this Detached

in Junction Area, Toronto

More space, more flexibility, and the opportunity to make the Junction home while generating income under the same roof. This fully detached two-storey property offers over 2,000 sq. ft. above grade with three self-contained residential units, each with its own kitchen and bathroom. With the main-floor and upper-floor units currently vacant, there is exceptional flexibility to choose the space that works best for you while renting the others, accommodate extended family with greater independence, or rethink how the home is used over time. The existing tenant takes pride in the property, making the transition to owner-occupied living even more appealing. An unfinished basement with approximately 6-ft ceilings provides plenty of additional storage and functional space. Outside, a detached two-car garage and parking for up to four vehicles is a standout feature for city living, providing room for your own vehicles, guests, or additional income potential. And then there's the location. Just off Annette near Keele, you're surrounded by everything that makes the Junction such a sought-after place to live-great restaurants and cafes, independent shops, everyday conveniences, parks and community amenities, with excellent transit connections and easy access to High Park and Bloor West Village. For buyers looking for a detached home with options, this is a chance to put down roots in an established west-end neighbourhood while having built-in income potential help make Toronto homeownership work a little harder for you.

Listed by Signature Elite 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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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