1267 King Street W
South Parkdale, Toronto
$1,988,888
Bedrooms: 9
Bathrooms: 9
Living Area: 2,000 sqft
Price Per Sqft: $994.44
About this Duplex
in South Parkdale, Toronto
Rare Urban Income Opportunity in the Heart of King West / South Parkdale! Built for flexibility and income potential, this extensively renovated legal duplex offers an exceptional 9+1 bedroom configuration, multiple ensuite-style washrooms, 2 kitchens, separate entrances and 2-car laneway parking. Thoughtfully designed for shared living, the property provides investors with a unique opportunity to generate multiple rental streams within one freehold asset while retaining future flexibility in how the space is operated. Modern finishes, hardwood flooring, updated mechanicals and a 3/4" upgraded main water line complement a highly functional layout. Ideally positioned steps from TTC, Liberty Village, Exhibition Place, BMO Field, the waterfront, restaurants, shops and some of Toronto's most dynamic neighborhoods. A compelling opportunity for investors seeking scale, location and long-term income potential in a difficult-to-replicate downtown property.
Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED.
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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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