Rare land-value offering in Toronto's highly sought-after Annex neighbourhood. This detached property sits on a 25 x 130 ft lot and is being sold strictly for redevelopment purposes. Located within the City of Toronto's Major Transit Station Area (MTSA), the property supports single-family or multiplex residential development as-of-right under current planning policy. Preliminary zoning review suggests the potential for approximately 4-6 residential units (~4760sf), together with a possible garden suite (~880sf), subject to compliance with applicable by-laws, performance standards, servicing capacity, and municipal approvals. This designation may provide a streamlined pathway for gentle density intensification, subject to buyer due diligence. Positioned steps from Bloor Street, subway access, and the University of Toronto, the site offers the fundamentals for long-term redevelopment in an established, transit-oriented neighbourhood with consistent rental demand. Ideal for investors, builders, or developers seeking a well-located urban infill opportunity. The existing structure has sustained flood damage and is not habitable. The property is offered in "as is, where is" condition with no representations or warranties. Multiplex and Garden Suite report available upon request.
Data was last updated March 3, 2026 at 07:15 PM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$3,995,000
Min list price:
$1,249,000
Max list price:
$12,900,000
Avg days on market:
28
Min days on market:
4
Max days on market:
309
These statistics are generated based on the current listing's property type
and located in
Toronto C02. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.