50 × 132 ft (6,600 sq ft)

Overview

This 7-bedroom, 4-bathroom home in Toronto is for sale.

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Description

A rare and prime redevelopment opportunity awaits on prestigious Yonge Street in the highly sought-after Willowdale West community.This exceptional land assembly includes 16 and 12 Connaught Avenue, comprising nearly 1 acre of valuable land just steps from Yonge Street. The site offers outstanding potential for townhomes units residential development, ideal for stacked townhomes, mid-rise condominiums, or affordable rental housing - all eligible for CMHC financing.Perfectly positioned within walking distance to TTC transit, top-ranked schools, shopping, restaurants, and everyday amenities, this location provides unmatched convenience and long-term appeal for future residents.Don't miss this incredible opportunity to acquire a premier redevelopment site in one of North York's most desirable and fast-growing neighbourhoods.All development proposals subject to municipal approvals. (id:66096)

Property Details

MLS®: C13623612
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 4 above · 3 below
Bathrooms: 4
Parking: 5
Lot Size: 50 × 132 ft (6,600 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas, Wood
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $8,612/yr
Listed: 97 days ago

Features

Foundation: Poured Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

97d

Toronto (Newtonbrook West) listings, avg age

58d

List price

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 7-bed single family in Toronto (Newtonbrook West) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RIGHT AT HOME REALTY · PARSA SALIMI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

For sale

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Full Cost Breakdown

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Down Payment5% · $0.05

Min 5%50%

Mortgage payment$0/mo

↳ CMHC premium ($0 capitalized)

Property tax (est.)$718/mo

Total monthly$718

Cash Needed to Close

Down payment (5%)$0

Land transfer tax$0

Est. closing costs$2,500

Total cash needed$2,500

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

16 Connaught Avenue, Toronto (Newtonbrook West) - Single Family for Sale