794 The Queensway
Queensway, Toronto
$999,900
Bedrooms: 1
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,428.43
About this Detached
in Queensway, Toronto
Set in a neighbourhood experiencing steady redevelopment and continued growth, this home has been owned by the same family for generations and is beautifully maintained throughout. Positioned on a crescent-style loop, it offers a great layout with convenient parking access. A strong opportunity for first-time buyers to own land, avoid condo fees, and benefit from ongoing redevelopment in the area. The home is move-in ready, with a pre-listing inspection available reflecting consistent care over time. The backyard provides generous outdoor space with flexibility for landscaping, additions, or future plans. Currently used as a single family home, the property is zoned Commercial Residential (CR), allowing for a range of potential uses, including residential, income-generating, or longer-term redevelopment options.
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
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| * This material is for informational purposes only. | |||
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