571 Oakwood AVE, Toronto C03, ON M6E 2X6
571 Oakwood AVE, Toronto C03, ON M6E 2X6
571 Oakwood AVE, Toronto C03, ON M6E 2X6
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571 Oakwood AVE Toronto C03, ON M6E 2X6

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Key Details

Sold Price -

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Approx. Sqft < 700

Municipality Toronto C03

Subdivision Oakwood Village

MLS Listing ID C12676248

Sold Date -

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

Exterior

Pool None

Roof Type Unknown

Lot Frontage 25.0

Lot Depth 110.0

Building

Foundation Unknown

Others

Senior Community No

ParcelsYN No

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Listed by ELEVATE REALTY INC.

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Daniel Freeman

Daniel Freeman

Broker | License ID: 1614165

+1(416) 937-5556

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