$2,098,000Asking Price
A rare opportunity to build on one of Toronto's most coveted streets in the heart of High Park-Swansea. This vacant 50 x 77 ft lot offers a genuine blank canvas in a neighborhood where the majority of existing homes are heritage-designated and cannot be redeveloped - making opportunities like this exceptionally hard to find. Located in Ward 4, Parkdale-High Park, the property falls within one of only nine wards in Toronto where up to six residential units are now permitted as-of-right under the City's updated zoning by-laws, with building potential of up to four storeys including basement. Up to four units are permitted as-of-right citywide. Development charges are waived for up to six units - a saving of over $200,000. No rezoning required. Buyers to conduct their own due diligence regarding applicable zoning standards and permitted uses. Previously prepared architectural and structural drawings by a Professional Engineer are available to qualified buyers, along with a topographic survey. Potential for a double-car garage. No parking minimums apply under current multiplex regulations. Steps to Roncesvalles Village, High Park, TTC subway access, and the waterfront. Catchment for Howard Junior Public School and Fern Avenue Junior and Senior Public School.
A rare opportunity to build on one of Toronto's most coveted streets in the heart of High Park-Swansea. This vacant 50 x 77 ft lot offers a genuine blank canvas in a neighborhood where the majority of existing homes are heritage-designated and cannot be redeveloped - making opportunities like this exceptionally hard to find. Located in Ward 4, Parkdale-High Park, the property falls within one of only nine wards in Toronto where up to six residential units are now permitted as-of-right under the City's updated zoning by-laws, with building potential of up to four storeys including basement. Up to four units are permitted as-of-right citywide. Development charges are waived for up to six units - a saving of over $200,000. No rezoning required. Buyers to conduct their own due diligence regarding applicable zoning standards and permitted uses. Previously prepared architectural and structural drawings by a Professional Engineer are available to qualified buyers, along with a topographic survey. Potential for a double-car garage. No parking minimums apply under current multiplex regulations. Steps to Roncesvalles Village, High Park, TTC subway access, and the waterfront. Catchment for Howard Junior Public School and Fern Avenue Junior and Senior Public School.
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High Park, Toronto is a west Toronto neighbourhood notable for its renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 49.
Kids Per Family
0.9
kids per family
in the neighbourhood.
49%
of residents are
single and loving it.
49% singles
Toronto (50%)
63%
of residents
are renters.
63% renters
Toronto (47%)
64%
of residents are
university grads.
64% university grads
Toronto (48%)Average Household Income
$132K
is the average household
income in the neighbourhood.
Professions
| Sales | 13% |
| Government | 13% |
| Business | 12% |
| Management | 10% |
| Sciences | 9% |
32%
of residents were
born outside of Canada.
32% immigrants
Toronto (48%)2.7% from Poland
All-time
0.5% from India
Recent
Foreign Languages
| Polish | 3% |
| French | 3% |
| Spanish | 3% |
| Russian | 2% |
| Ukrainian | 2% |
Religions
| Christian | 54% |
| Muslim | 3% |
| Hindu | 2% |
| Jewish | 1% |
| Buddhist | 1% |
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.