ON > Toronto C03 > Oakwood Village
Toronto C03, ON M6E 2X6,571 Oakwood AVE
Toronto C03, ON M6E 2X6,571 Oakwood AVE
Toronto C03, ON M6E 2X6,571 Oakwood AVE
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$1,150,000
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1 Bath
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571 Oakwood AVE Toronto C03, ON M6E 2X6

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Kenneth Yim

Kenneth Yim

+1(647) 496-2269

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Municipality Toronto C03

Subdivision Oakwood Village

MLS Listing ID C12676248

Style Bungalow

Annual Tax Amount $3,845

Tax Year 2025

Property Sub-Type Detached

Lot Depth 110.0

Lot Front 25.0

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

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Unknown

Lot Frontage 25.0

Lot Depth 110.0

Building

Foundation Unknown

Others

ParcelsYN No

Listed by ELEVATE REALTY INC.

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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571 Oakwood AVE

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