190 Poyntz Avenue

Westgate, Toronto

190 Poyntz Avenue, Westgate, Toronto

$1,649,000

Bedrooms: 3

Bathrooms: 1

Living Area: 1,100 sqft

Price Per Sqft: $1,499.09

About this Detached

in Westgate, Toronto

Steps to Yonge Street! Rare Opportunity in Prime Location Welcome to an unparalleled real estate opportunity in one of Toronto's most sought-after neighbourhoods - just steps from Yonge & Sheppard! This expansive bungalow is the perfect canvas for homeowners, investors, contractors, or builders looking to customize, renovate, or rebuild. Situated on a generously sized lot, the home offers endless potential for build two houses (Double Lot), expansion, outdoor living, and creative redesign single home. The property boasts a renovated kitchen with a pantry that overlooks a bright and inviting main floor family room - complete with a walkout to a sunny backyard deck, perfect for relaxing or entertaining.Inside, you'll find generous living and dining rooms with gleaming hardwood floors, plus a separate entrance for added flexibility - ideal for an in-law suite or rental potential.Enjoy unmatched convenience with proximity to top-rated schools, parks, green spaces, places of worship, major highways, and public transit - including the subway just minutes away.Whether you're looking to move in, renovate, or build new, this property is a rare find in an unbeatable location. The spacious lot provides ample room for outdoor recreation, gardening, or future development, making this home a true urban oasis.Double Lot Design available upon request.Exceptional Opportunity for Builders, Developers, Investors, and End-Users!Build your dream home with the existing building permit (renewal required) on this prime 50 ft. lot located in a highly sought-after neighborhood. Alternatively, explore the potential to subdivide into two 25 ft. lots and build two brand-new homes (buyer to verify feasibility with the City).Highlights:Wide 50 ft. frontage in a desirable, high-demand area Steps to Sheppard Avenue, Yonge Street, transit, shopping, schools, and all amenities Ideal for a custom home, investment, or redevelopment project Buyer to confirm all zoning and subdivision possibilit

Listed by HOMELIFE/MIRACLE 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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