$2,199,000
For sale: Detached

Prime Redevelopment Opportunity in York Mills EHON Designated Exceptional 64.17 x 145 ft south-facing lot in one of Toronto's most prestigious neighbourhoods. Situated in the heart of York Mills & Bayview, this offering falls within the City of Toronto's newly designated EHON (Expanding Housing Options in Neighbourhoods) permitting expanded residential uses beyond traditional single-family, including semi-detached, townhomes, multiplex or small apartment building mid-rise (up to 6 storeys up to 60 units as of right zoning approved) Surrounded by luxury estates, the property offers outstanding potential: build your custom residence, develop a high-end multiplex, or explore possible severance into two lots. Ideally positioned near top-tier schools (Owen P.S., St. Andrews, York Mills Collegiate) and steps to York Mills Subway with TTC at your doorstep. A premier opportunity for builders, investors, or end-users to unlock value in a rapidly evolving corridor. Buyer to verify all development potential and zoning permissions. The bungalow is in livable condition can be rented. The 1st picture is an illustration to show the possibility under EHON program
Sold data
Detached homes in Toronto (Bridle Path-Sunnybrook-York Mills) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 39, across 1,852 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $1,199,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 1,852 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Bridle Path-Sunnybrook-York Mills) 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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