200 Berry Road

Queensway, Toronto

200 Berry Road, Queensway, Toronto

$1,790,000

Bedrooms: 2

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $1,627.27

About this Detached

in Queensway, Toronto

A truly rare offering in the heart of Sunnylea, Etobicoke. An exceptional opportunity to acquire a fully detached property with approved zoning to build a legal Fourplex, supported by a Zoning Bylaw Approval Certificate. This is a premier asset for discerning investors, developers, or end-users seeking long-term value in one of Toronto's most coveted neighbourhoods.The property presents multiple strategic exit opportunities, including the potential to condominiumize or hold as a high-quality, income-producing multi-family residence in a location defined by strong demand and enduring appeal.The existing home is owner-occupied and well-maintained, offering comfortable living in its current state. It's allowing buyers the flexibility to enjoy immediate occupancy while planning for future redevelopment. An outstanding opportunity combining approved development potential, prime location, and immediate livability-a truly rare find in Sunnylea.

Listed by RE/MAX HALLMARK 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

     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
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CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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