160 Rosemount Avenue
Davenport, Toronto
$975,000
Bedrooms: 5
Bathrooms: 2
Living Area: 1,500 sqft
Price Per Sqft: $650.00
About this Other
in Davenport, Toronto
Investor's delight with a massive upside! This sub-$1M detached asset is priced to sell! Seller is motivated! Featuring a brilliant layout with a walk-out to a private deck from the extra large kitchen. It is prime for a straightforward multi-unit conversion with 3 separate entrances, or a live-and-rent mortgage helper. This single-family footprint offers zero tenant friction, zero RTA eviction processes, and zero municipal multi-tenant licensing hurdles. The area caters to families, young professionals or student rentals! Bring your aesthetic choices to unlock exceptional pro forma yields in a prime location. Needs TLC but structural potential is all here! Opportunities like this don't last-schedule your tour today!
Listed by RIGHT AT HOME 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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| * This material is for informational purposes only. | |||
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