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73 Hocken Avenue, Wychwood M6G 2K1

Price

$1,245,500

Bedrooms

2 Beds

Bathrooms

1 Baths

Size

3000-3500 sqft

Year Built

100+

Property Type

House

Property Taxes

$5995

Description

Location. Opportunity. Execution.Welcome to 73 Hocken Avenue - a rare, fully prepped, shovel-ready development opportunity in the heart of Wychwood, one of Toronto's most desirable and community-focused neighbourhoods.Set on a quiet, tree-lined street, this property is being offered with approved plans and permits already in place, eliminating months of design, approvals, and carrying costs - allowing you to move forward immediately with confidence and certainty.Two exceptional development pathways:Build a thoughtfully designed 3-unit multi-residential property featuring a functional mix of a 1+1 bedroom, 2-bedroom, and 3-bedroom layout - ideal for generating strong rental income, multi-generational living, or long-term investment in a high-demand location.Or create a stunning ~3,300 sq.ft. 3-storey custom detached home with 4 bedrooms, 5 bathrooms, 10' ceilings, expansive principal rooms, and multiple outdoor spaces. The design also allows for the potential addition of a 2-car garage with laneway suite, offering flexibility for extended family, guest use, or additional income potential.This rare offering provides true versatility for builders, investors, and end-users alike - whether your goal is to build and sell, build and hold, or create a fully customized dream home, the groundwork has already been completed.Enjoy the best of Wychwood living - steps to Wychwood Barns, parks, top-rated schools, cafes, restaurants, transit, Loblaws, and everyday amenities, all while being minutes to the downtown core.Property being sold in "as is, where is" condition.Rarely does a property come to market with this level of preparation, flexibility, and upside - build immediately and capitalize on the opportunity. *Property is SOLD AS IS*

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$5,474 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$996,400

Total Interest Payments

$614,342

Total Payment (Principal + Interest)

$1,610,742

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

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Listed By: HOMELIFE LANDMARK REALTY INC.

Meet Ken Matsumoto

Meet Ken Matsumoto

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.

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