1122 Islington Ave Toronto, ON M8Z 4S2
Listing Courtesy of: TORONTO IDX / Keller Williams Real Estate Associates

  1122 Islington Ave Toronto, ON M8Z 4S2

Active
$3,799,000
4
BED
2
BATH
1500-2000
SQFT

Description

This exciting development opportunity in the desirable area of Etobicoke currently has an application to build 7 townhouses, with a total buildable gross floor area of 14,863 square feet. Site plan approval for this 7-townhouse proposal is estimated to be completed in the Fall of 2024. If you're looking for a larger project, consider the potential for a 6-storey, up to 60-unit mid-rise building, by right, under the City of Toronto's "Major Streets" Zoning By-Law Amendment initiative. This 67.48 ft by 131.43 corner is situated between luxury townhouse developments by Plaza to the North and Dunpar South. Developers have been taking notice of the demand for high-end homes in this pocket for decades. The top-notch location offers easy access to all the amenities, including numerous parks, transit options, schools, shopping centers, and restaurants. The 1557 sq ft detached home is currently used as a short-term rental, which could provide income while applying for building permits. Transit is at the front door with a short trip to the Bloor Subway line and it's just minutes to the Gardiner. Directly to the South of the site is the Islington Parkette, which will provide additional privacy between the proposed properties and the Dunpar development. The area provides a perfect mix of urban convenience and suburban charm.

MLS®:
W9006672
Taxes
$9,151(2024)
Type
Land
Style
1 1/2 Storey
County
Toronto
Community
Islington-City Centre West

Listed By

Keller Williams Real Estate Associates
Source
TORONTO IDX
Last checked Jul 15 2024 at 3:54 PM GMT+0000
Bathroom Details
Interior Features
  • The Property is Used for Short Term Rental.
  • Do Not Walk the Lot Without Appointment
Heating and Cooling
  • Radiant
  • None
Basement Information
  • Sep Entrance
  • Full
Exterior Features
  • Vinyl Siding
  • Stucco/Plaster
Utility Information
  • Sewer: Sewers
Garage
  • Built-In
Location
   
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Disclaimer: Copyright 2024 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/15/24 08:54