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For sale: Detached

A rare and prime redevelopment opportunity awaits on prestigious Yonge Street in the highly sought-after Willowdale West community.This exceptional land assembly includes 16 and 12 Connaught Avenue, comprising nearly 1 acre of valuable land just steps from Yonge Street. The site offers outstanding potential for townhomes units residential development, ideal for stacked townhomes, mid-rise condominiums, or affordable rental housing - all eligible for CMHC financing.Perfectly positioned within walking distance to TTC transit, top-ranked schools, shopping, restaurants, and everyday amenities, this location provides unmatched convenience and long-term appeal for future residents.Don't miss this incredible opportunity to acquire a premier redevelopment site in one of North York's most desirable and fast-growing neighbourhoods.All development proposals subject to municipal approvals.
Sold data
Detached homes in Toronto (Newtonbrook West) took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 31, across 2,143 recorded sales.
The median sale price was $1,248,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 28% of sales closed above the list price.
Around 11% of sellers reduced their price before finding a buyer.
Based on 2,143 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Newtonbrook West) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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