Stonegate-Queensway · Toronto
200 Berry
Property detail
A brick bungalow on a 54 by 115 foot corner lot in Sunnylea, sold with a zoning certificate for an approved fourplex. The house is liveable as it stands; the approved concept is a three-storey building with four units, indoor and outdoor parking, lockers and EV charging.
- 3 Bedroom
- 2 Bath
- 1100-1500 Sq ft
- 3 Parking
Your agent
The property
- 54 × 115 ft lot
- 3 parking
- Detached
- Finished
- Central Air
- Forced Air
- No maintenance fee
The site
A 54 by 115 foot corner lot
A corner lot with mature trees on three sides and three parking spaces, a few streets from the river trails.
Approved concept
Zoning approved for four units
The approved concept is a three-storey building with four residential units, indoor and outdoor parking, lockers and EV charging infrastructure.
Per the listing: a zoning certificate for the fourplex concept, with four minor variances approved through TLAB. The renders show a proposal that has not been built. Buyers should verify all approvals, drawings and conditions independently with the City of Toronto.
The approved concept
What could be built here
Architect's renders of the approved fourplex concept. None of this has been built; the property today is the bungalow shown below.
The house as it stands
A brick fireplace wall in the living room
Hardwood, a brick chimney breast and windows on two sides. The house is liveable today.
The principal rooms
Two bedrooms and a kitchen at the back
A dining end off the living room, a kitchen along the back, and bedrooms on the main floor.
Room dimensions
- Bedroom 2Main
- 3.02 × 3.00 m
- Living RoomMain
- 5.31 × 3.68 m
- KitchenMain
- 3.18 × 3.00 m
- LaundryLower
- 2.01 × 1.45 m
- Furnace RoomLower
- 5.28 × 3.68 m
- BedroomLower
- 3.66 × 2.82 m
- OfficeLower
- 3.89 × 3.05 m
- Primary BedroomMain
- 4.06 × 3.00 m
- Dining RoomMain
- 3.15 × 2.92 m
- RecreationLower
- 8.00 × 2.63 m
The lower level
Finished, and empty
The lower level is finished and currently unfurnished, with windows at grade on one side.
The numbers
What it costs to hold
Freehold, so there is no maintenance fee. Property tax is the only fixed monthly carrying cost before a mortgage.
Down payment is the CMHC minimum for an owner-occupied purchase at this price. Figures exclude mortgage costs, land transfer tax and closing costs, and are illustrative rather than financial advice.
The neighbourhood
The lot, outlined from above
Sunnylea from the air, with the property boundary marked.
The neighbourhood
Life around Stonegate-Queensway
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Moe’s take
The planning work here is largely done: a zoning certificate for a fourplex, and four minor variances already approved through TLAB. You are buying a corner lot in Sunnylea with a liveable house on it and a route already cleared through the city.
Team Asgarian · RE/MAX Hallmark Realty Ltd.
We are proud to represent this home. Our team handles every detail, the marketing, the staging, and the showings. The best way to feel what makes it special is in person, so book a private showing and I will walk you through it myself.
Highlights
- Development potential
- Corner lot
The detail
Price history and the mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.
Mortgage amount $1,352,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,289
- Property tax
- $453
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,741
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,275
- Toronto municipal land transfer tax
- $30,275
- Estimated closing costs
- $60,550
Plus your down payment of $338,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $437,327
- Principal paid down
- $170,160
- Interest paid
- $267,167
- Balance remaining
- $1,181,840
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Come see it
Book a private viewing
Tell us when suits you and we will open the house. If you want the numbers run against your own down payment first, we will do that instead.