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200 Berry Road, Stonegate-Queensway M8Y 1W8

Price

$1,690,000

Bedrooms

2 Beds

Bathrooms

2 Baths

Size

1100-1500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$5430

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Description

An exceptional opportunity for investors, builders, and strategic end-users in the heart of Sunnylea, Etobicoke. 200 Berry Road offers a pathway to create a legal fourplex in a premium neighbourhood with long-term value where low-rise ownership opportunities remain highly desirable and limited, surrounded by schools, parks, transit, river trails, and established residential streets.Having received a zoning certificate for an approved fourplex concept, major planning work has already been completed with four minor variances approved through TLAB after an extensive municipal process.Positioned on a large corner lot with ample natural light, the proposed three-storey design includes four thoughtfully planned residential units, indoor parking, outdoor parking, lockers, and EV charging infrastructure, offering a refined low-rise alternative to traditional condominium living. The property supports multiple long-term strategies including condominiumization allowing to sell each unit separately, building ownership producing income, or co-ownership by family members.The existing home is well maintained and livable, allowing flexibility while building permits progress. A premium opportunity combining approved planning progress, strategic development upside, strong end-user appeal, and long-term value.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$7,024 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,352,000

Total Interest Payments

$833,591

Total Payment (Principal + Interest)

$2,185,591

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

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Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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