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468 Winona Dr

0.48 Acres of Residential Land Offered at $20,433,184 USD in Toronto, ON M6C 3T7

Residential Land & Home Lots Ontario Toronto 468 Winona Dr, Toronto, ON M6C 3T7

Investment Highlights

  • Ideal location for rental development
  • Detailed feasibility studies available
  • Supported by municipal policies

Executive Summary

The land zoning originally included Rental Building and it is surrounded by Four high Demand Rental Complexes. Hence the previously approved townhouse project is no longer the Highest and Best Use of the land. The Land has been Appraised at $25,100,000 in 2023, mirroring its value with respect to the Proposed Development. According to the Appraisal Report, the completed building will generate over $5,500,000 Rental Income per year.

Property Facts

Price $20,433,184 USD Property Type Land
Sale Type Investment Property Subtype Residential
No. Lots 1 Total Lot Size 0.48 AC
Price $20,433,184 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.48 AC

1 Lot Available

Lot 20

Price $20,433,184 USD Lot Size 0.48 AC
Price Per AC $42,569,132 USD
Price $20,433,184 USD
Price Per AC $42,569,132 USD
Lot Size 0.48 AC

PT LT 20 PL 115 TWP OF YORK AS IN CY643901, CITY OF TORONTO and PART LOT 20 PL 115 TWP OF YORK PARTS 3 & 4, PLAN 66R26535, TORONTO (YORK) TOGETHER WITH AN EASEMENT OVER PART LOT 20 PL 115 PARTS 1 & 2, 66R26535 AS IN AT5005921 CITY OF TORONTO

Description

Located at 464-468 Winona Dr in Toronto, Ontario, a zoning and site plan approved townhouse development site is being offered for sale. The property enjoys a prime location just south of the intersection of Allen Rd & Eglinton Ave W, and is steps away from Oakwood LRT Station, offering excellent connectivity to transit and major thoroughfares. The lack of new residential product in this market ensures premium pricing on sales, making it a lucrative investment opportunity. The immediate surrounding neighborhood experiences one of the strongest resale markets in the City of Toronto, highlighting the demand for quality housing in the area.

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468 Winona Dr, Toronto, ON - aerial map view
Walk Score ®
Very Walkable (75)
Transit Score ®
Excellent Transit (80)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
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measures access to public transit. Bike Score®
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zoning

Zoning Code RM (Residential)
RM (Residential)
(416) 901-8881 x103

Contact

  • Sharon Soltanian
    Sharon Soltanian
  • Soltanian Real Estate

  • Listing ID: 33691602

  • Date on Market: 4/2/2024

  • Last Updated:

  • Address: 468 Winona Dr, Toronto, ON M6C 3T7

The Land Property at 468 Winona Dr, Toronto, ON M6C 3T7 is currently available for sale. Contact Soltanian Real Estate for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

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468 Winona Dr
(416) 901-8881 x 103

468 Winona Dr

Sharon Soltanian

(416) 901-8881

x103

(416) 901-8881 x103

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