Description

Excellent Development Opportunity! Spacious vacant lot measuring approximately 33.33 x 225.83 ft, offering an exceptional lot depth and excellent potential for development. A 2,550 sq. ft. building design has already been completed, providing buyers with a significant head start on the development process. The property is currently awaiting permit approval. Ideal opportunity for builders, investors, or end users looking to build a custom property without starting the design process from scratch. Buyer and buyer's agent to conduct their own due diligence regarding zoning, permitted use, building plans, permits, servicing, development requirements, and municipal approvals. (id:66096)

Market Timing

Days on market

33d

Toronto (West Hill) listings, avg age

60d

List price

$599K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This vacant land in Toronto (West Hill) has been listed for 33 days, which is 27 days fresher than the city average of 60. Act while there is still low competition.

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Area context

Neighbourhood profile (M1E)

This home lists at $599,000, about 7.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.

Median household income: $82,000
Population: 48,033
Median age: 41.2
Owner / renter: 63% / 37%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1E)

$599,000

For sale

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Financing

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156 Manse Road North, Toronto (West Hill) - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (M1E)

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