463 Vaughan Road, Toronto (Oakwood Village) - Vacant Land for Sale
463 Vaughan Road, Toronto (Oakwood Village), Ontario, M6C2P4
baths
$2,488,000
Toronto
463 Vaughan Road, Toronto (Oakwood Village), Ontario, M6C2P4
$2,488,000
Toronto
This lot in Toronto is for sale. It has been on the market 18 days, fresher than the Toronto average of 58 days.
Prestigious Corner Development Opportunity | 463 Vaughan Road, Toronto. A rare opportunity to acquire a prominent corner parcel in a rapidly evolving Toronto neighbourhood. 463 Vaughan Road presents exceptional potential for developers, investors, and visionary builders seeking to capitalize on the area's continued growth and transformation. Currently vacant land and not yet entitled, the property offers the potential to explore a boutiquedevelopment of approximately six townhomes or an apartment or condominium building of up to eightstoreys, subject to municipal approvals, zoning, and all applicable planning requirements. With new homes emerging throughout the surrounding area and an increasingly affluent buyerdemographic driving demand, this is an opportunity to secure a strategic parcel for long-term land for banking, the possibilities are compelling. Opportunities of this calibre are rarely offered for sale. Secure a prestigious corner property with significant future potential and position yourself to participate in the next chapter of this growing Toronto neighbourhood (id:66096)
Features and services as supplied by the listing brokerage.
Active: 18 days on market, against an average age of 58 days across the listings currently for sale in this city
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.
This vacant land in Toronto (Oakwood Village) has been listed for 18 days, which is 40 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,488,000, about 27.3× the local median household income of $91,000.
Carrying it typically needs a household income of about $485,993 (20% down, 25-yr amortization, stress-tested) — roughly 434% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6C)
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