26 Pearson Avenue
Roncesvalles, Toronto
$1,195,000
Bedrooms: 4
Bathrooms: 2
Living Area: 1,500 sqft
Price Per Sqft: $796.67
About this Duplex
in Roncesvalles, Toronto
Unlock a rare blend of character & adaptability in the heart of Roncesvalles! This brick, 2 1/2 storey home offers an incredible footprint (2484 square feet of total living space) on a highly desirable, tree-lined street. Currently two distinct self-contained suites, the floorplan adapts effortlessly to your goals: generate rental income while living on-site, share a co-ownership venture, grow your investment portfolio, or easily transform the entire structure into a grand, 4+ bedroom single-family masterpiece. The main+lower suite centers around a spacious open-concept living room, eat-in kitchen with new appliances, and a bedroom with brick fireplace. Look through a striking wall of glass to your outdoor private garden that leads to coveted 2-car laneway parking. The finished lower level adds a bedroom, bathroom, recreation space, laundry room, utility room & generous storage. Branching off the front entryway, the upper level 3-bedroom suite spans across the 2nd & 3rd storeys & features a bright front bedroom with an elegant bay window & brick fireplace, an updated full bathroom, a generous living area and a bright galley kitchen with a stacked washer and dryer that walks out to a balcony overlooking the lush, treed garden below. The 3rd storey elevates the home's capacity with two additional bedrooms with closets & wide plank flooring. Essential updates include a new high-efficiency gas furnace (2025), a heavy-duty 200-amp electrical panel & newly-refinished hardwood floors. Bring your design ideas to customize the finishes and maximize the value of this solid brick canvas. Positioned in a premier pocket where the village vibe of Roncesvalles meets the creative energy of Queen West, this tree-lined street is just steps away from restaurants, cafes, boutique shopping, great neighborhood schools, and open green spaces like Sorauren Park & High Park. Commuting is effortless with rapid TTC transit routes & quick highway access closeby.
Listed by RE/MAX HALLMARK 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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| * This material is for informational purposes only. | |||
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