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$1,988,000Asking Price

2972 Bayview Avenue, Toronto, ON M2N 5K7

Willowdale, Toronto

Detached
2 + 1
Bedrooms
3
Baths
10
Parking
Days on Market

***RD Zoning**Great opportunity for home office, Day Nursery, investment, rental property, multi-unit or live now with great exposure of Bayview and in front of the city park await you at this rare and unique property. Few steps to Bayview Village Shopping Centre and TTC andSubway station. Located in a prime, high-demand area of Willowdale with TOP Ranking Schools.This property offers significant potential for redevelopment, making it an excellent investment for future growth. Whether you're seeking a home or looking to expand your professional business, this property offers versatile use with plenty of opportunities. It is currently well-suited for a professional office space or can easily accommodate residential living. This spacious home features a premium interlocked front and back yard, allowing for up to 10 parking spaces, all secured with a gated entrance. The property has been well-maintained with up graded water supply, a newer roof (September 2021), and new stainless steel appliances. The newer electric hot water tank ensures optimal functionality for the home. For added relaxation, the basement is equipped with a sauna and Jacuzzi perfect for unwinding after a long day. Ideal for a home office, this property allows you to live in it now while having the option to build your dream home later. It also offers great rental income potential, making it a solid investment opportunity. The buyer is advised to complete due diligence with the City of Toronto regarding future development and zoning possibilities.This is a fantastic chance to secure a property in a highly desirable location, whether you wish to occupy, build, or rent. Dont miss out on this incredible opportunity schedule your viewing today!Great Opportunity for Home Office with 10 parking spaces and gated entrance. Few steps to TTC and Subway station. Garden Suite, Group Home, Home Occupation,Laneway Suite, Multi-tenantHouse,Detached House, Duplex, Triplex; and Fourplex

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***RD Zoning**Great opportunity for home office, Day Nursery, investment, rental property, multi-unit or live now with great exposure of Bayview and in front of the city park await you at this rare and unique property. Few steps to Bayview Village Shopping Centre and TTC andSubway station. Located in a prime, high-demand area of Willowdale with TOP Ranking Schools.This property offers significant potential for redevelopment, making it an excellent investment for future growth. Whether you're seeking a home or looking to expand your professional business, this property offers versatile use with plenty of opportunities. It is currently well-suited for a professional office space or can easily accommodate residential living. This spacious home features a premium interlocked front and back yard, allowing for up to 10 parking spaces, all secured with a gated entrance. The property has been well-maintained with up graded water supply, a newer roof (September 2021), and new stainless steel appliances. The newer electric hot water tank ensures optimal functionality for the home. For added relaxation, the basement is equipped with a sauna and Jacuzzi perfect for unwinding after a long day. Ideal for a home office, this property allows you to live in it now while having the option to build your dream home later. It also offers great rental income potential, making it a solid investment opportunity. The buyer is advised to complete due diligence with the City of Toronto regarding future development and zoning possibilities.This is a fantastic chance to secure a property in a highly desirable location, whether you wish to occupy, build, or rent. Dont miss out on this incredible opportunity schedule your viewing today!Great Opportunity for Home Office with 10 parking spaces and gated entrance. Few steps to TTC and Subway station. Garden Suite, Group Home, Home Occupation,Laneway Suite, Multi-tenantHouse,Detached House, Duplex, Triplex; and Fourplex

Key Info

  • 1.5-Storey Detached
  • 10-Car Driveway
  • No Garage
  • Bayview & Sheppard
  • 1100-1500 Approximate Sq Feet
  • Finished Basement
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 44.05 x 117.39 Feet
  • Wood Exterior
  • Taxes were $8,719 in 2024
  • Possession: TBA

Details

  • Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #C11982415
  • FOREST HILL REAL ESTATE INC.

Extras

Room Floor Dimensions Details
Washroom2 3-Piece Bathrooms
Washroom1 2-Piece Bathroom

Who lives here?

Willowdale, Toronto is a north Toronto neighbourhood notable for its university grads, executives and business and science professionals. It has a higher than average population of immigrants, particularly those from Iran, China and South Korea, and Cantonese, Mandarin, Persian and Korean speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 49.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

47% of residents are
single and loving it.

47% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

39% of residents
are renters.

39% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

68% of residents are
university grads.

68% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$110K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Business 13%
Sales 11%
Sciences 11%
Management 8%
Government 8%

Immigrants

61% of residents were
born outside of Canada.

61% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Iran was once home to 12.7% of immigrants.
China 12.1%
South Korea 6.8%
Hong Kong 4.3%
India 3.0%

12.7% from Iran
All-time

Birthplace - Recent

Iran was once home to 4.6% of immigrants.
China 3.4%
India 1.2%
South Korea 0.9%
Philippines 0.3%

4.6% from Iran
Recent

Foreign Languages

Foreign Languages

Persian 13%
Mandarin 12%
Korean 9%
Cantonese 8%
Russian 3%

Religions

Religions

Christian 45%
Muslim 13%
Jewish 5%
Buddhist 3%
Hindu 2%

Social Housing

Social Housing Buildings

14

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)