Property Description

Prime Redevelopment Opportunity in York Mills EHON Designated Exceptional 64.17 x 145 ft south-facing lot in one of Toronto's most prestigious neighbourhoods. Situated in the heart of York Mills & Bayview, this offering falls within the City of Toronto's newly designated EHON (Expanding Housing Options in Neighbourhoods) permitting expanded residential uses beyond traditional single-family, including semi-detached, townhomes, multiplex or small apartment building mid-rise (up to 6 storeys up to 60 units as of right zoning approved) Surrounded by luxury estates, the property offers outstanding potential: build your custom residence, develop a high-end multiplex, or explore possible severance into two lots. Ideally positioned near top-tier schools (Owen P.S., St. Andrews, York Mills Collegiate) and steps to York Mills Subway with TTC at your doorstep. A premier opportunity for builders, investors, or end-users to unlock value in a rapidly evolving corridor. Buyer to verify all development potential and zoning permissions. The bungalow is in livable condition can be rented. The 1st picture is an illustration to show the possibility under EHON program (id:7434)