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Listed 3 months ago

200 Berry Road

Stonegate-Queensway, Toronto

$1,690,000

Detached|Bungalow
2 | 2 | 3
About this home

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.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,430
Lot Size54 ft x 115 ft
mls© NumberW13093340
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,650
Property tax
$453
Heat allowance
$150
Housing costs
$9,253 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $338,000
25-yr amortization

Income needed

$285,000

gross annual household income

Payment at 4%
$7,112 / mo
Cash down
$338,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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