$1,649,900
For sale: Multiplex

**Development Opportunity - Attention Builders & Investors!** Rare opportunity to acquire a generously sized 106' x 160' lot in a highly desirable neighbourhood with strong market demand. Building permit approved, allowing you to move forward with your development plans without unnecessary delays. The approved design is for a 4-unit apartment development with a potential gross liveable area of approximately 7,770.2 sq. ft. **Approved Unit Layout:** - 3 units feature 3 bedrooms, 2 full bathrooms, kitchen and living area. 1 Unit features 2 bedrooms, 2 full bathrooms, kitchen, and living area. JUST NEEDS THE FINAL TOUCHES - BRING THE VISION TO LIFE. All major construction work is complete, with full rough ins already in place. High end tiles and flooring are on site and ready for installation, allowing buyers or builders to finish the space exactly to their taste. A rare opportunity to step into a nearly completed project in a prime Toronto location and customize the final details.This property presents an exceptional opportunity for builders, developers, and investors seeking a project with approved permits, substantial buildable area, and strong income potential. Ideal for new construction, redevelopment, or long-term investment in a sought-after location. **Key Highlights:** - 106' x 160' Lot - Building Permit Approved - 4-Unit Apartment Development - Potential Gross Liveable Area: 7,770.2 Sq. Ft. - Excellent Development & Investment Potential - Prime, High-Demand Location An excellent opportunity to bring an approved development project to life and capitalize on strong demand in the area.
Sold data
Homes in Weston took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 57, across 33 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $735,000.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 33 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Weston) 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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