571 Oakwood Avenue
Oakwood Village, Toronto, M6E 2X6
FOR SALE
$1,150,000
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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.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2024-05-18 | 2024-05-21 | 3 | $599,900 | $700,000 |
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Property Features
None
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Property Details
Address
571 Oakwood Avenue
Community
City
Postal Code
M6E 2X6
Property Type
Detached, Detached
Days On Market
40
Lot Size
25' x 110'
Taxes
$3,846 (2025
Basement
Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with Elevate Realty Inc.
Detached Bungalow In High Demand Location in Downtown East - Dundas / Broadview. Your Dream Home - 2 Semis @ 30' X 75' Feet Lot. Building Permit Ready with Drawing: 9' Ceiling On Main, 8.5' on the 2nd & 3rd Floor. 8' in the Bsmt. Also has potential to change to multiplex up to 6 units (new Toronto zoning). Steps to Public Transit & Shopping. Close To VVP & All Amenities. Good For End User & Investor. ** Drawings Provided By Seller, Just For Reference** Property is not livable, it's being Sold " As Is Where Is".
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Incredible Investment Opportunity - 25 x 122 Ft Lot - Zoned RESIDENTIAL MULTIPLE! Must Be Sold Together With 592 Ridelle Ave - MLS# W12589160 (Same Lot Size & Zoning). Land Value Only. Excellent Location - Short Distance To All Needs Including Bus Stop, Subway (Including Eglinton West Subway Station & Future Eglinton LRT), Shopping, Parks, Beltline Trail, Schools, Restaurants, And More!
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Incredible Investment Opportunity - 25 x 122 Ft Lot - Zoned RESIDENTIAL MULTIPLE! Must Be Sold Together With 594 Ridelle Ave - MLS# W12589162 (Same Lot Size & Zoning). Land Value Only. Excellent Location - Short Distance To All Needs Including Bus Stop, Subway (Including Eglinton West Subway Station & Future Eglinton LRT), Shopping, Parks, Beltline Trail, Schools, Restaurants, And More!
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LOCATION ,LOCATION, LOCATION! ATTENTION BUILDERS ,CONTRACTORS & INVESTORS! HERE IS YOUR OPPORTUNITY TO OWN A PRIME 25 BY 100 FT IN THE HIGH SOUGHT AFTER WOODBINE -LUMSDEN IN EAST YORK . BUILD JUST THE WAY YOU LIKE IT & MAKE THIS YOUR DREAM HOME. GREAT FOR CONTRACTORS , RENOVATORS OR BUILDERS. HOUSE BEING SOLD "AS IS WHERE IS " CONDITION WITHOUT WARRANTIES.
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New Buyers, Contractors, Investors....Welcome To 42 Forty First St. Nestled In Sought-After Long Branch District, South Of Lake Shore Blvd W. Situated On A Large 40 X 120 Ft Spacious Lot With Many Mature Trees. Live In, Rent, Or Build Your Dream Home! This Bright, Skylit Bungalow, Approx. 1000 Sq Ft, 1+1 Bedroom, Includes Slate Floor Entrance, Hardwood Floor Living Rm, Kitchen With Ceramic Floor And Backsplash, Double Sink And Bar Sink, Solid French Door Walkout To Beautifully Covered 13 X 12 Ft Deck, Separate Entrance To Potential Basement Apartment. It's Perfectly Located Near Marie Curtis Park, For Nature Enthusiasts, And The Waterfront, With Scenic Biking Trails And Picturesque Walking Paths. Commuting Is A Breeze With Easy Access To Major Routes, Including The 427, QEW, 401, And Walking Distance To The TTC, Pearson Airport. Steps To Marie Curtis Sandy Beaches, Children's Playground And Water Park, Restaurants, Transit, Go Station. Must See!
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