$1,549,900Asking Price
151 Ascot Avenue, Toronto W03, ON M6E 1G5
Earlscourt - Corso Italia, Toronto
Get the early jump on your spring build project with a rare, near-ready opportunity in a prime urban pocket. A 36 x 120 ft lot with severance approaching final completion for two 18 x 120 ft lot, unlocking the path for serious density and long-term value creation. *Plans for two fourplexes plus a laneway suite for each unit delivers five rentable units per lot and a powerful multi-unit footprint once the process is finalized.* The existing dwelling remains in clean, livable, and in rentable condition, offering immediate holding income while you prepare for the next phase. A scale of opportunity rarely available in this pocket. A strategic buy with rare multi-unit opportunity nearing the finish line and ready for its next chapter, the groundwork is already laid fora custom builder or investor looking to maximize density and appreciation. *Property currently provides strong rental income with a cap rate of 4.5-4.7% which unheard of on a redevelopment lot with efficient drawings ready to go! Property consists of 3 units plus garage with Approximately $6,912.50, per month with tenants paying their proportionate share of utilities, providing options to keep these very efficient drawings and build now or in a few years as market sets to rebound.*
Get the early jump on your spring build project with a rare, near-ready opportunity in a prime urban pocket. A 36 x 120 ft lot with severance approaching final completion for two 18 x 120 ft lot, unlocking the path for serious density and long-term value creation. *Plans for two fourplexes plus a laneway suite for each unit delivers five rentable units per lot and a powerful multi-unit footprint once the process is finalized.* The existing dwelling remains in clean, livable, and in rentable condition, offering immediate holding income while you prepare for the next phase. A scale of opportunity rarely available in this pocket. A strategic buy with rare multi-unit opportunity nearing the finish line and ready for its next chapter, the groundwork is already laid fora custom builder or investor looking to maximize density and appreciation. *Property currently provides strong rental income with a cap rate of 4.5-4.7% which unheard of on a redevelopment lot with efficient drawings ready to go! Property consists of 3 units plus garage with Approximately $6,912.50, per month with tenants paying their proportionate share of utilities, providing options to keep these very efficient drawings and build now or in a few years as market sets to rebound.*
See MoreKey Info
- 2-Storey Detached
- 6-Car Driveway
- 3-Car Detached Garage
- Ascot and Harvie
- 1500-2000 Approximate Sq Feet
- Finished Basement
- 3 + 2 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 36 x 120 Feet
- Brick Exterior
- Taxes were $5,980 in 2025
- Possession: 60/90/tba
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #W12799232
- RE/MAX WEST REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
Earlscourt - Corso Italia, Toronto is a central Toronto neighbourhood notable for its salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from Italy and Portugal, and Italian, Spanish and Portuguese speakers. Residents tend to be older with a significant number of adults aged 30 to 59.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
48%
of residents are
single and loving it.
48% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
32%
of residents
are renters.
32% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
30%
of residents are
university grads.
30% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$107K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 17% |
| Trades | 13% |
| Business | 8% |
| Government | 8% |
| Management | 6% |
Immigrants
48%
of residents were
born outside of Canada.
48% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
15.6% from Portugal
All-time
Birthplace - Recent
0.4% from Other South America
Recent
Foreign Languages
Foreign Languages
| Portuguese | 23% |
| Italian | 9% |
| Spanish | 8% |
| Vietnamese | 2% |
| Tagalog | 2% |
Religions
Religions
| Christian | 73% |
| Buddhist | 4% |
| Muslim | 2% |
| Hindu | 2% |
| Jewish | 1% |
Social Housing
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
