OPPORTUNITY KNOCKS!! This Great Property Features a Rare & OVERSIZED CORNER BUILDING LOT Currently Fronting on Evans Avenue in Highly Desired Toronto's Alderwood Community. Ideal for BUILDERS, DEVELOPERS, INVESTORS & End Users. Currently Zoned RM (U4 x 18) allows for various uses and possibilities. Potential to Severe into 3 or 4 Detached Building Lots, Severe into 2 Lots and Under the Multiplex By-law, construct a fourplex on each lot + a garden suite could also be developed on each lot in addition to the fourplexes. Evans Avenue is designated as a Major Street under the Major Streets By-law, so possible to incorporate a small apartment building with a maximum of 60 units and 6 storey's or townhomes and mixed-use building lots. Various options and possibilities for Buyers to determine their best use, design and value!! Bonus ** Immediate Cashflow Option Featuring a Beautiful Bungalow Home Owned by the Same Family for Over 54 Years, with just over 1340SF, 3 Bedrooms, 2.5 Baths, Open space layout, Full basement, Detached Garage and Beautiful Circular Driveway, the Home is in Pristine Condition & Can Be Easily Rented while working on development plans. Various New Home Build Projects Being Completed in the Area as Pocket Continues to Grow Rapidly with Great Resale Value on New Builds with Smaller Lots Selling for $ 1.8Mil+. All in Prime Neighbourhood with Great Schools, Parks, Shops & Restaurants, Sherway Gardens, Queensway Hospital & More. Commuters Dream with Quick Access to Major Highways QEW, Gardiner, 427, Long Branch Go Station & TTC Stops Right Across the Street. Truly a Great Property with Tons of Opportunity!
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
1100-1500
Depth:
76'1½"23.2 m
Frontage:
117'2¾"35.7 m
Topography:
Flat
Direction Faces:
South
Bedrooms:
3
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
7
Fractional Ownership:
No
Zoning:
RM(u4*18)
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Fireplaces:
1
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Separate Entrance, Partially Finished
Fireplace Features:
Natural Gas
Fireplace/Stove:
Yes
Garage:
Detached
Garage Spaces:
1.0
Other Structures:
Garden Shed
Parking Spaces:
8
Total Parking Spaces:
9.0
Family Room:
Yes
Possession Details:
FLEXIBLE
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2024
Taxes:
$4,084 /
2024
Assessment:
$- /
2024
Toronto W06
Alderwood
Toronto
Hospital, Park, Public Transit, Rec./Commun.Centre, School, Lake/Pond
Water Meter, Storage, In-Law Capability
HWT
Stove, fridge, built in microwave, dishwasher, electrical light fixtures and existing window covers.
Data was last updated August 27, 2025 at 08:15 PM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$1,662,400
Min list price:
$975,000
Max list price:
$2,497,000
Avg days on market:
66
Min days on market:
4
Max days on market:
643
These statistics are generated based on the current listing's property type
and located in
Alderwood. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
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.