247 Berry Road

Queensway, Toronto

Open House Mar 7th - 8th, 2-4PM
247 Berry Road, Queensway, Toronto

$1,449,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $2,070.00


About this Detached

in Queensway, Toronto

Rare 45 x 287 ft ravine lot backing onto Berry Creek Park - one of only a handful of properties like this in the area. A true nature retreat in the city offering exceptional privacy and outstanding redevelopment potential (subject to municipal approvals) for builders/investors, or those looking to build a custom dream home in a high-demand neighbourhood. Located in prime Stonegate-Queensway, this well-maintained 2-bedroom, 2-bath bungalow sits on a premium ravine lot and includes a garage plus parking pad for 2 more cars. The main level features refinished hardwood floors throughout and a bright, open-concept living and dining area with gas fireplace. Most windows and all doors are newly-installed. The renovated kitchen offers stainless steel appliances, Quartz countertops, and a large pantry cabinet. The renovated lower level, with newer laminate flooring, is ideal for an in-law or nanny suite. It includes a spacious recreation room with above-grade windows, a finished bedroom with storage, a 3-piece large bath, and an open-concept laundry area. Families will appreciate walkable access to Park Lawn Junior Middle School and nearby parks. Minutes to the Gardiner Expressway, Humber River, and Mimico Creek Trail.

Listed by HOMELIFE/REALTY ONE 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:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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