55 Van Dusen Boulevard

Queensway, Toronto

55 Van Dusen Boulevard, Queensway, Toronto

$2,988,800

Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $2,717.09

About this Detached

in Queensway, Toronto

LUXURY BEGINS WITH LOCATION. Set within the prestigious Thompson Orchard enclave in the Kingsway area, this exceptional ravine property presents a rare opportunity to renovate the existing home or build a custom residence in one of Etobicoke's most coveted and established areas. Boasting approximately 92 feet of frontage, backing onto the serene beauty of Mimico Creek, and situated on a quiet dead-end street, the property offers exceptional privacy, breathtaking natural surroundings, and a premium estate setting rarely found within the city. Positioned high above the ravine, the lot enjoys a commanding elevated topography that enhances both its architectural presence and long-term desirability. Surrounded by mature trees and lush greenery, the setting evokes the tranquility of an exclusive Muskoka retreat, yet is conveniently close to top-rated schools, shops, restaurants, premier golf clubs, parks and trails, Pearson Airport, subway access, downtown Toronto, and the lakeshore beaches. This is a rare opportunity for the discerning buyer to design and build a signature luxury residence within one of Toronto's most affluent and established west-end areas. The existing bungalow offers approximately 1,800 sq. ft. of living space, featuring a full lower level with two walk-outs and an oversized two-car garage. The property was previously approved for an approximately 5,300 sq. ft. custom home, underscoring the scale and potential of what can be achieved on this exceptional site.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.

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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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Amortization:  
Percent Down:
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CMHC Prem.:
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* This material is for informational purposes only.

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