190 Poyntz Avenue

Westgate, Toronto

190 Poyntz Avenue, Westgate, Toronto

$1,349,000

Bedrooms: 3

Bathrooms: 1

Living Area: 1,100 sqft

Price Per Sqft: $1,226.36

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 neighborhoods just steps from Yonge & Sheppard! This detached 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. Enjoy unmatched convenience with proximity to 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. Exceptional Opportunity for Builders, Developers, Investors, and End-User! Build your dream home 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). 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 possibilities.

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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Amortization:  
Percent Down:
Down Payment:
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CMHC Prem.:
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* This material is for informational purposes only.

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