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 ,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. More information available upon request.
Data was last updated April 19, 2025 at 06:15 PM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$1,999,000
Min list price:
$1,095,000
Max list price:
$11,000,000
Avg days on market:
51
Min days on market:
1
Max days on market:
261
These statistics are generated based on the current listing's property type
and located in
Newtonbrook West. Average values are
derived using median calculations.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.