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$2,950,000
Available - For Sale
Listing ID: W12209172
Strategic land opportunity in the heart of Etobicoke's rapidly intensifying Islington City Centre West. Prime corner lot measuring 67.48 ft by 131.43 ft (8,869 SF) offers immediate development potential in a high-demand residential market. Current application in progress for the construction of 7 luxury townhomes, with a total proposed gross floor area of 14,863 SF. Site Plan Approval expected to be granted by end of August 2025.Existing income on the property from the residential tenant in place offers the opportunity to investors or developers interested in pursuing a larger development, with as-of-right zoning allowing 6 storeys and up to 60 units subject to City approval .With an ideal balance of accessibility and suburban appeal, the site offers a turnkey development option with significant upside perfect for boutique and infill developers seeking value.
Price $2,950,000
Taxes: $9,150.77
Tax Type: Annual
Occupancy by: Vacant
Address: 1122 Islington Aven West , Toronto, M8Z 4S2, Toronto
Postal Code: M8Z 4S2
Province/State: Toronto
Legal Description: PT LT 128, PL 1553, AS IN EB312481; ETOB
Directions/Cross Streets: Islington and Bloor
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Designated
Use: Residential
Total Area: 8,869
Total Area Code:  Square Feet
Maintenance: 0
Sewers: Sanitary+Storm
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1122 Islington Aven West , Toronto, M8Z 4S2, Toronto


 
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Type: Com - Land
Area: Toronto
Municipality: Toronto W08
Neighbourhood: Islington-City Centre West
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Lot Size: x 131.43(Feet)
Approximate Age:
Tax: $9,150.77
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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