$1,329,000Asking Price
Attention Builders and Developers! This is a rare and exciting opportunity to secure a prime property in the heart of Newtonbrook East, one of Torontos most desirable neighbourhoods. The south-facing lot measures an impressive 50 by 111.58 feet and has already been severed into two separate parcels, each with a 25-foot frontage. For those looking to begin construction quickly, the building permit for 192A has already been fully approved, while the permit for 192B is pending, with only the development levies left to be paid. This property offers the chance to create two modern, three-storey homes above grade, each designed with double car garages and additional space to accommodate future garden suites. With this configuration, builders can take full advantage of the City of Torontos evolving housing policies while also creating homes that are both spacious and highly desirable for future buyers.The location is simply unbeatable. Residents will enjoy close proximity to schools, shopping, transit, parks, and all the amenities that make Newtonbrook East such a sought-after community. Opportunities of this caliber are few and far between, giving buyers the chance to build new with confidence on a lot that is perfectly positioned to absorb and reflect future value. Whether you are a seasoned developer or a builder looking for your next great project, this property presents a wealth of possibilities and an exceptional return on investment.
Attention Builders and Developers! This is a rare and exciting opportunity to secure a prime property in the heart of Newtonbrook East, one of Torontos most desirable neighbourhoods. The south-facing lot measures an impressive 50 by 111.58 feet and has already been severed into two separate parcels, each with a 25-foot frontage. For those looking to begin construction quickly, the building permit for 192A has already been fully approved, while the permit for 192B is pending, with only the development levies left to be paid. This property offers the chance to create two modern, three-storey homes above grade, each designed with double car garages and additional space to accommodate future garden suites. With this configuration, builders can take full advantage of the City of Torontos evolving housing policies while also creating homes that are both spacious and highly desirable for future buyers.The location is simply unbeatable. Residents will enjoy close proximity to schools, shopping, transit, parks, and all the amenities that make Newtonbrook East such a sought-after community. Opportunities of this caliber are few and far between, giving buyers the chance to build new with confidence on a lot that is perfectly positioned to absorb and reflect future value. Whether you are a seasoned developer or a builder looking for your next great project, this property presents a wealth of possibilities and an exceptional return on investment.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
2 Bathrooms |
How Far is Too Far?
See personalized commute details for each listing by adding your favourite places (like work or daycare) and mode of travel.
Sign up to see commute timesAlready signed up? Sign in
Newtonbrook, Toronto is a north Toronto neighbourhood notable for its university grads and science professionals. It has a higher than average population of immigrants, particularly those from Iran, China, South Korea and the Philippines, and Cantonese, Tagalog, Mandarin, Persian, Russian and Korean speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 69.
Kids Per Family
1.1
kids per family
in the neighbourhood.
48%
of residents are
single and loving it.
48% singles
Toronto (50%)
43%
of residents
are renters.
43% renters
Toronto (47%)
56%
of residents are
university grads.
56% university grads
Toronto (48%)Average Household Income
$111K
is the average household
income in the neighbourhood.
Professions
Sales | 14% |
Business | 10% |
Government | 8% |
Sciences | 7% |
Management | 7% |
66%
of residents were
born outside of Canada.
66% immigrants
Toronto (48%)11.2% from Philippines
All-time
3.9% from Philippines
Recent
Foreign Languages
Persian | 11% |
Korean | 9% |
Tagalog | 8% |
Russian | 7% |
Mandarin | 7% |
Religions
Christian | 52% |
Muslim | 12% |
Jewish | 7% |
Buddhist | 3% |
Hindu | 2% |
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
1
Homeless shelters in
the neighbourhood.