580 The Queensway
Queensway, Toronto
$1,950,000
Bedrooms: 0
Bathrooms: 0
About this Land
in Queensway, Toronto
DEVELOPMENT POTENTIAL ALREADY IN MOTION. Much of the groundwork has already been completed, with extensiveengineering, environmental, grading, servicing, and design studies in place, providing a clear pathway toward future development. Occupyinga prominent 74.64 x 96.16 ft. parcel in the highly sought after Park Lawn & Queensway corridor, this is more than a development site; it's anopportunity to participate in the ongoing transformation of one of Toronto's most desirable urban markets. Located minutes from downtownToronto, the Gardiner Expressway, Mimico GO Station, TTC transit, waterfront amenities, and major employment centres, the propertybenefits from exceptional connectivity and enduring demand. With future density potential and continued investment reshaping thesurrounding neighbourhood, this offering represents a compelling opportunity to create lasting value in a location defined by growth,convenience, and vision. A rare opportunity for developers, builders, and investors to secure a strategic foothold in one of the GTA's mostdynamic urban corridors.
Listed by THE AGENCY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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