794 The Queensway

Queensway, Toronto

794 The Queensway, Queensway, Toronto

$1,099,000


Bedrooms: 1

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,570.00


About this Detached

in Queensway, Toronto

Future-forward location surrounded by rapid redevelopment. Unlock value today and tomorrow. This charming, lovingly maintained home has been held in the same family for generations and is now ready for its next chapter. Nestled in a crescent-style loop for added privacy and easy parking, in the heart of a dynamic growth corridor where everything else is going vertical. A rare freehold opportunity on a street that's quickly transforming. Skip the condo fees and hold your own land in a vibrant, transit-connected community. Move-in ready with a pre-listing inspection showing true pride of ownership. The spacious backyard offers room to relax, expand, or bring your vision to life. Zoned Commercial Residential (CR), this property offers added flexibility for future use, income potential, or redevelopment. Whether you're starting out or investing in whats next, this is a home today and a smart play for tomorrow.

Listed by BRAD J. LAMB REALTY 2016 INC..


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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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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