$1,549,900
64 days on market
Get the early jump on your spring build project with a rare, near-ready opportunity in a prime urban pocket. A 36 x 120 ft lot with severance approaching final completion for two 18 x 120 ft lot, unlocking the path for serious density and long-term value creation. *Plans for two fourplexes plus a laneway suite for each unit delivers five rentable units per lot and a powerful multi-unit footprint once the process is finalized.* The existing dwelling remains in clean, livable, and in rentable condition, offering immediate holding income while you prepare for the next phase. A scale of opportunity rarely available in this pocket. A strategic buy with rare multi-unit opportunity nearing the finish line and ready for its next chapter, the groundwork is already laid fora custom builder or investor looking to maximize density and appreciation. *Property currently provides strong rental income with a cap rate of 4.5-4.7% which unheard of on a redevelopment lot with efficient drawings ready to go! Property consists of 3 units plus garage with Approximately $6,912.50, per month with tenants paying their proportionate share of utilities, providing options to keep these very efficient drawings and build now or in a few years as market sets to rebound.*
151 Ascot Avenue
Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores
Top 50% of Ontario elementary schools
R = Reading · W = Writing · M = Math · arrows show 3-year change
Top 50% of Ontario elementary schools
Arrows show 3-year change
EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education
Nearest rapid transit and bus stops
146 within a 10-min walk · 359 within 20 min · click a card to see the closest ones
Listing provided by RE/MAX WEST REALTY INC.
Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.
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Data last updated: April 22, 2026 at 03:40 a.m.
R = Reading · W = Writing · M = Math · arrows show 3-year change
R = Reading · W = Writing · M = Math · arrows show 3-year change
Arrows show 3-year change
Top 50% of Ontario secondary schools
Arrows show 3-year change
Source: TTC GTFS · straight-line distances · routes shown are short names
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance