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Attention Developers, Builders & Investors! 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 and 32 Connaught Avenue, totalling just under 1 acre of valuable land. Ideally positioned steps from Yonge Street, TTC transit, top-ranked schools, shops, restaurants, and all essential amenities, this location offers unmatched convenience and long-term appeal for future residents. The site presents an incredible opportunity for a townhome development or multi-unit residential project (subject to municipal approvals). Currently, the property includes a well-maintained, fully livable 2-storey home with 3 bedrooms and 3 bathrooms, offering excellent rental income potential while redevelopment plans are underway. This is a rare chance to invest in one of Toronto's most prestigious neighbourhoods perfect for immediate development or long-term strategic holding. Don't miss this exceptional opportunity.
Listed by RIGHT AT HOME REALTY · MLS# C12091811
Features & Details
Property details of 34 Connaught Avenue, Toronto, ON
Market Insights for Detached in Newtonbrook West
Based on 41 sales in the last 90 days
Seller’s Market
Demand is outpacing supply. Sellers can expect competitive offers and strong pricing.
New Listings
41
Avg Days on Market
30 days
Avg Price/Sq Ft
$690
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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