






Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1,550,000
Bedrooms
8 Beds
Bathrooms
4 Baths
Size
2500-3000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$10912
Rare land-value offering in Toronto's highly sought-after Annex neighbourhood. This detached property sits on a 25 x 130 ft lot and is being sold strictly for redevelopment purposes. Located within the City of Toronto's Major Transit Station Area (MTSA), the property supports single-family or multiplex residential development as-of-right under current planning policy. Preliminary zoning review suggests the potential for approximately 4-6 residential units (~4760sf), together with a possible garden suite (~880sf), subject to compliance with applicable by-laws, performance standards, servicing capacity, and municipal approvals. This designation may provide a streamlined pathway for gentle density intensification, subject to buyer due diligence. Positioned steps from Bloor Street, subway access, and the University of Toronto, the site offers the fundamentals for long-term redevelopment in an established, transit-oriented neighbourhood with consistent rental demand. Ideal for investors, builders, or developers seeking a well-located urban infill opportunity. The existing structure has sustained flood damage and is not habitable. The property is offered in "as is, where is" condition with no representations or warranties. Multiplex and Garden Suite report available upon request.
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Contact MeTotal Monthly Payment
$6,978 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,240,000
Total Interest Payments
$764,536
Total Payment (Principal + Interest)
$2,004,536
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.