$1,138,000
For sale: Detached

Opportunity.Welcome to *73 Hocken Avenue*-an exceptional opportunity in the heart of prestigious Wychwood, one of Toronto's most sought-after neighbourhoods. Situated on a quiet, tree-lined street, this rare offering provides incredible flexibility for builders, investors, renovators, and end-users alike. Whether you're looking to thoughtfully renovate, build your dream home, or take advantage of the approved redevelopment plans, this property offers endless potential to bring your vision to life. Included are **approved architectural plans and building permits**, eliminating months of planning, approvals, delays, and carrying costs, allowing you to begin construction immediately should you choose. Choose between **two outstanding approved development options**: build a purpose-designed **3-unit multi-residential property** featuring 1+1 bedroom, 2-bedroom, and 3-bedroom suites, ideal for strong rental income and long-term appreciation; or construct an impressive **approximately 3,300 sq.ft. three-storey custom home** with 4 bed, 5 bath, soaring 10' ceilings, expansive principal rooms, multiple outdoor living spaces, and the potential for a *2-car garage with a laneway suite* for extended family, guest accommodations, or additional income. For buyers with a vision to renovate, this property also presents an exceptional opportunity to restore, expand, and personalize a home in one of Toronto's premier communities while benefiting from the long-term value Wychwood continues to offer. Enjoy everything Wychwood has to offer-steps to Wychwood Barns, Hillcrest Park, St. Clair West, top-rated schools, cafés, restaurants, shopping, TTC, and everyday amenities, all just minutes from downtown Toronto. Opportunities offering this level of flexibility, location, and future potential are exceptionally rare. Whether your goal is to renovate, build, invest, or create your forever home, **73 Hocken Avenue** is ready to make that vision a reality. *Property sold as Is*
Sold data
Detached homes in Toronto (Wychwood) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.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 (Wychwood) 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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