16 CONNAUGHT AVENUE, Toronto (Newtonbrook West), Ontario, M2M1G6

Property Description

A rare and prime redevelopment opportunity awaits on prestigious Yonge Street in the highly sought-after Willowdale West community.This exceptional land assembly includes 12,16, 20, 32, and 34 Connaught Avenue, comprising nearly 1 acre of valuable land just steps from Yonge Street. The site offers outstanding potential for a 60+ unit residential development, ideal for stacked townhomes, mid-rise condominiums, or affordable rental housing - all eligible for CMHC financing.Perfectly positioned within walking distance to TTC transit, top-ranked schools, shopping, restaurants, and everyday amenities, this location provides unmatched convenience and long-term appeal for future residents.Don't miss this incredible opportunity to acquire a premier redevelopment site in one of North York's most desirable and fast-growing neighbourhoods.All development proposals subject to municipal approvals. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 7 (4 above, 3 below)
• Bathrooms: 4 (1 half)
• Ownership: Freehold
• Attached: No
• Fireplaces: Yes
• Parking: 4 spaces (Garage)
• Frontage: 50 ft (15.2 m)

Costs

• Annual Taxes: $8,169.00 (2024)

Listing Provided by: RIGHT AT HOME REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.