$999,999
For sale: Vacant Land

The Seller agrees to remove THE existing home prior to the closing date Exceptional redevelopment opportunity in one of Etobicoke's most desirable and established neighbourhoods. Formerly a single residential parcel, this property has received Committee of Adjustment approval for severance into two residential building lots. Approved site plans and supporting planning documents are available, providing a rare opportunity for builders, investors, and end-users alike. Significant planning and approval work has already been completed, allowing purchasers to move forward with confidence. The property is currently improved with an existing bungalow, offering flexibility for interim occupancy, rental income, or holding purposes while future development plans are pursued.Ideally located close to Kipling Subway Station, major highways, schools, parks, shopping, and everyday amenities. Buyers are advised to independently verify all lot dimensions, approvals, permits, development charges, servicing requirements, building plans, zoning matters, and intended use.
Sold data
Homes in Toronto (Princess-Rosethorn) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 41, across 6,723 recorded sales.
The median sale price was $839,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 6,723 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Princess-Rosethorn) 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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