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    For Sale - 571 Oakwood Avenue, Toronto, Ontario

    Est payment $5,522/mo
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    Views   1
    Time on Jump  85 day

    AI Summary *

    • Prime multi-unit development site in busy Oakwood Village.
    • Approved plans for a 3-storey, 10-unit multiplex with rooftop terraces.
    • Excellent transit access with bus service and nearby LRT/subway stations.
    • Close to schools, parks, shops, and community amenities.
    • Shovel-ready site with potential for additional density under new policies.




    ***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.
    Listing IDC12676248
    Address571 Oakwood Avenue
    CityToronto, Ontario
    Price$1,150,000
    Bath1 Full
    StyleBungalow, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneOwnership FreeholdBasement UnfinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  ELEVATE REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    571 Oakwood Avenue
    Toronto , Ontario
    1 $1,150,000
    Get more info