190 Poyntz Avenue
Westgate, Toronto
$1,299,000
Bedrooms: 3
Bathrooms: 1
Living Area: 1,100 sqft
Price Per Sqft: $1,180.91
About this Detached
in Westgate, Toronto
Prime Yonge & Sheppard Opportunity - Rare Double Lot Potential Welcome to an exceptional real estate opportunity in one of Toronto's most desirable neighborhoods-just steps from Yonge Street and Sheppard Avenue. This expansive bungalow sits on a generous 50 ft. lot and offers incredible potential for homeowners, investors, builders, and developers alike. Whether you're looking to move in, renovate, or build new, this property is a true blank canvas. The home features a renovated kitchen with a pantry overlooking a bright main floor family room, complete with a walkout to a sunny backyard deck-perfect for entertaining or relaxing. Inside, you'll find spacious living and dining areas with hardwood floors, along with a separate entrance ideal for an in-law suite or rental income. Development Potential:50 ft. frontage in a high-demand area Potential to subdivide into two 25 ft. lots (buyer to verify with the City)Opportunity to build one custom dream home or two new residences Existing building permit available (renewal required)Double lot design available upon request Unbeatable Location: Steps to Yonge & Sheppard subway and transit Close to top-rated schools, parks, and green spaces Near shopping, dining, and everyday amenities Easy access to major highways This property offers the rare combination of location, lot size, and flexibility-making it ideal for end-users, investors, and developers.
Listed by HOMELIFE/MIRACLE REALTY LTD.
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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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