153 Strachan Avenue

Niagara, Toronto

153 Strachan Avenue, Niagara, Toronto

$2,395,000


Bedrooms: 0

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $3,421.43


About this Semi-Detached

in Niagara, Toronto

Presenting a once-in-a-generation opportunity in the heart of Downtown Toronto: Permits in place to build the tallest home in all of Toronto at 18 meters (59 feet)! This is the future home of an architectural landmark that will redefine luxury, exclusivity, and urban stature. With unprecedented approvals for a four-storey, five-level freehold residence featuring voluminous 11.5-foot ceilings on every level, along with a sixth-level rooftop terrace offering spectacular 360-degree views of the Downtown skyline and Trinity-Bellwoods Park, this site provides an unparalleled platform for creating a world-class statement of scale, design excellence, and global prestige. An opportunity like this is exceptionally rare -- a true unicorn -- and genuinely unrepeatable! Set on a 24 x 120 foot lot with a wide rear lane, this property includes approved permits for a total build of approximately 7,800SF. Plus potential for a 1,000SF rooftop terrace. The main residence offers approximately 5,200SF above grade across four floors, a 1,340SF raised lower level with dramatic entry with double height ceilings, a 700 SF second-level Lane House, and a 700SF pull-through garage with parking for up to four vehicles. Construction can begin immediately, with full plans and budgeting available and established builders standing bye. The approved design supports a flexibility of uses including a 2,680SF + 1,000SF rooftop multi-level owner's residence with elevator access, alongside separate 1,340SF and 2,680SF suites ideal for multi-generational living or strong rental income potential. Structural steel and concrete construction with heated floor throughout-rare in residential builds-provides exceptional sound, fire, and vibration performance. Located beside $7,000,000+ homes and minutes to Trinity-Bellwoods Park, Ossington, Queen West, King West, the Financial District, Lake Ontario, the Gardiner, and Billy Bishop Airport. See feature sheet for further details.

Listed by HARVEY KALLES REAL ESTATE LTD..


Photo 0 at 153 Strachan Avenue, Niagara, Toronto

Photo 0

Photo 1 at 153 Strachan Avenue, Niagara, Toronto

Photo 1


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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