$999,900
For sale: Detached

Attention Investors, Builders & Developers! A Once-In-A-Lifetime Opportunity To Acquire A 50' X 100' Double Lot In The Highly Sought-After Birch Cliff Neighbourhood. This Exceptional Property Offers Incredible Development Potential In An A+ Toronto Location. This Property Had Already Been Approved For Two Detached Homes, Providing A Clear Development Path. Explore The Potential For Two Stunning Custom-Built Residences Or Alternative Multi-Unit Development Opportunities, Subject To All Applicable Approvals. Investors And Developers Can Also Explore Toronto's Development Charge Reduction Program (DCRP), Which May Provide Substantial Savings On Applicable Development Charges, Potentially Reducing Costs By Up To 60%, Subject To Eligibility And Current Program Requirements. Located In One Of Toronto's Most Desirable East-End Communities, Steps To Schools, Restaurants, The Coveted Toronto Hunt Club, This Rare Double Lot Offers An Outstanding Combination Of Land, Location, Flexibility, And Upside. The Home Is Livable And Has 4 Bedrooms And A Separate Basement Apartment With 2 Bedrooms. With A Huge Driveway Fitting Up To 8 Cars. A Rare Development Opportunity In Birch Cliff That Should Not Be Missed! The Property Is Currently Vacant.
Sold data
Detached homes in Toronto (Birchcliffe-Cliffside) took a median of 17 days to sell over the last 90 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 39, across 1,889 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.
The median sale price was $1,198,000.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 26% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 1,889 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Birchcliffe-Cliffside) 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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