114 Baldwin St
Kensington-Chinatown, Toronto
$8,999,900
About this Vacant Land
in Kensington-Chinatown, Toronto
Rare Urban Infill Site In The Heart Of Downtown Toronto, Steps To Chinatown, Kensington Market And The University Of Toronto. 14,775 Square Feet Of Future Development Land Presently Used As Paid Parking Lots (50 stalls) And Has A Two-Story Detached Home On Baldwin Street (3 apartments). Unmatched Connectivity With Immediate Access To Transit, And A 12-Minute Walk To St. George And Queen's Park Subway Stations. Owner is preparing an application with the City to develop a 4-storey residential rental property with 95 to 105 rooms. More details including architectural drawings available upon request.
3 Addresses: 75 Cecil Street (9,380 Sf), 114 Baldwin Street (2,090 Sf) And 114R Baldwin Street (3,306 Sf), Accessible Via Municipally Owned Laneways At Cecil And Huron, As Well As From Baldwin Street. Drone Video & Virtual Tour Available.
Listed by ROYAL LEPAGE ESTATE REAL.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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