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571 Oakwood AVE Toronto C03, ON M6E 2X6
1 Bath
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Municipality Toronto C03
Subdivision Oakwood Village
MLS Listing ID C12676248
Style Bungalow
Annual Tax Amount $3,845
Tax Year 2025
Property Sub-Type Detached
Property Description
***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.
Location
Province ON
County Toronto
Community Toronto C03
Area Toronto
Rooms
Family Room No
Basement Unfinished
Kitchen 0
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Unknown
Lot Frontage 25.0
Lot Depth 110.0
Building
Foundation Unknown
Others
ParcelsYN No
Listed by ELEVATE REALTY INC.
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