$1,690,000 - 200 Berry Road, Corso Italia
Detached for Sale in Corso Italia
109 days on marketNeighbourhood: Stonegate-Queensway
- MLS Number
- W13093340
- Property Type
- Detached
- Status
- active
- Days on Site
- 109
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
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.
Estimate your monthly payments for this property
Estimated Payment
$7,475.44/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Stonegate-Queensway
Stonegate-Queensway is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Stonegate-Queensway
- •Convenient location in Corso Italia / Dufferin Grove
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Stonegate-Queensway offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
200 Berry Road, Corso Italia / Dufferin Grove
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1536/sqft, this property is priced above the Corso Italia average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 109 days on site, this property has exceeded the typical selling timeline for Corso Italia. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Corso Italia are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Stonegate-Queensway
I know Stonegate-Queensway well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.