155 York Mills Road

York Mills, Toronto

155 York Mills Road, York Mills, Toronto

$2,390,000

Bedrooms: 3

Bathrooms: 1

Living Area: 1,100 sqft

Price Per Sqft: $2,172.73

About this Detached

in York Mills, Toronto

Client RemarksPrime Redevelopment Opportunity in York Mills EHON Designated Exceptional 64.17 x 145 ft south-facing lot in one of Toronto's most prestigious neighbourhoods. Situated in the heart of York Mills & Bayview, this offering falls within the City of Toronto's newly designated EHON (Expanding Housing Options in Neighbourhoods) permitting expanded residential uses beyond traditional single-family, including semi-detached, townhomes, multiplex or mid-rise (up to 6 storeys up to 60 units, subject to approvals) . Surrounded by luxury estates, the property offers outstanding potential: build your custom residence, develop a high-end multiplex, or explore possible severance into two lots. Ideally positioned near top-tier schools (Owen P.S., St. Andrews, York Mills Collegiate) and steps to York Mills Subway with TTC at your doorstep. A premier opportunity for builders, investors, or end-users to unlock value in a rapidly evolving corridor. Buyer to verify all development potential and zoning permissions. The bungalow is in livable condition can be rented. The 1st picture is an illustration to show the possibility under EHON program

Listed by ROYAL LEPAGE YOUR COMMUNITY 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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Amortization:  
Percent Down:
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CMHC Prem.:
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* This material is for informational purposes only.

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