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$1,150,000
Available - For Sale
Listing ID: C12676248
***ATTENTION BUILDERS & INVESTORS*** Prime multi-unit development opportunity at 571 Oakwood Ave in the heart of vibrant Oakwood Village. Committee of Adjustment approved site for a 3-storey, 10-unit residential multiplex with 6 rooftop terraces, offering approx. 6,500 sq ft GFA on an 82' x 20' building footprint. Situated on a 25' x 110' lot along a major street within an MTSA, this property benefits from exceptional transit access with bus service at the door, a 3-minute walk to the Oakwood LRT station, and an 11-minute walk to Eglinton West subway station, plus close proximity to schools, parks, library, shops, and community amenities. Survey and committee-approved plans available, with all documentation to date to be provided by the seller. Site is shovel-ready, requiring only building permit submission. For savvy developers, there may be potential to pursue additional as-of-right density under the City of Toronto's evolving housing policies. Current designs project an estimated NOI of $232,500/year upon completion. A rare opportunity to deliver a mid-rise residential project in a high-demand, transit-oriented west-end location.
Price $1,150,000
Taxes: $3,845.84
Occupancy by: Vacant
Address: 571 Oakwood Avenue , Toronto, M6E 2X6, Toronto
Directions/Cross Streets: Eglinton & Oakwood
Rooms: 1
Bedrooms: 0
Bedrooms +: 0
Washrooms: 1
Family Room: F
Basement: Unfinished
No. of Pieces Level
Washroom 1 2 Basement
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 2 Basement
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 0
Pool: None
Approximatly Square Footage: < 700
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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ELEVATE REALTY INC.

571 Oakwood Avenue , Toronto, M6E 2X6, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto C03
Neighbourhood: Oakwood Village
Style: Bungalow
Lot Size: x 110.00(Feet)
Approximate Age:
Tax: $3,845.84
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
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