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48 D'arcy Rear Street

Kensington-Chinatown, Toronto, M5T 1J7

$1,049,999

Reduced $650,000 from $1,699,999

Photo 1 of 1
  • 0 bedrooms
  • 0 bathrooms
  • < 700 sq ft

Listed 635 days ago · MLS® C11938527

About this home

Attention builders and investors this vacant land presents a prime development opportunity in the heart of downtown Toronto. Strategically located on a quiet laneway, it offers exceptional proximity to the University of Toronto, the Ontario College of Art and Design, Queens Park, major hospitals, and the TTC. This desirable location, combined with strong rental demand, makes it ideal for the construction of a rental building. This is an exceptional opportunity to acquire a development site in one of Toronto's most sought-after neighborhoods.

Details

Type
Vacant Land
Size
< 700 sq ft
Lot
56.26 × 63.12 ft
Kitchens
0
Property tax
$9,592 (2024)
Neighbourhood
Kensington-Chinatown
Municipality
Toronto C01

Building and exterior

Faces
North

Parking

Driveway and parking
Available

Lot

Size
56.26 × 63.12 ft
Acreage
< .50

More

Possession
Vacant
Cross street
Dundas/University

Living here

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Listed by RIGHT AT HOME REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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