12 Connaught Ave Toronto near Yonge St. & Connaught Ave | Detached home for sale

Description

A rare and prime redevelopment opportunity awaits on prestigious Yonge Street in the highly sought-after Willowdale West community.This exceptional land assembly includes 16 and 12 Connaught Avenue, comprising nearly 1 acre of valuable land just steps from Yonge Street. The site offers outstanding potential for townhomes units residential development, ideal for stacked townhomes, mid-rise condominiums, or affordable rental housing - all eligible for CMHC financing.Perfectly positioned within walking distance to TTC transit, top-ranked schools, shopping, restaurants, and everyday amenities, this location provides unmatched convenience and long-term appeal for future residents.Don't miss this incredible opportunity to acquire a premier redevelopment site in one of North York's most desirable and fast-growing neighbourhoods.All development proposals subject to municipal approvals.

Features

Facing: North
Bedrooms: 2
Bathrooms: 1
Garages:
Kitchens: 1

Details

Lot size: 63.00 x 132.00 Feet
Space: 700-1100
Tax: $ 6832.00
C13623670
Listing contracted with: RIGHT AT HOME REALTY

Bathroom	Pieces	Level
1xBath	4 pcs

Property Summary

Located close to the intersection of Yonge St. & Connaught Ave, 12 Connaught Ave is a 2+1 bedrooms 1 washrooms Detached. The property has many nice features including Carpet Free. .

Home Market Analysis

For Sale

For Lease

Comparable home values have remained relatively stable compared with the same period last year.

Rent levels have decreased 7.7% compared with the same period last year.

Recent Comparable Value Range

$840,000 – $1,320,000

Recent 6-Month Rent Range

$2,700 – $3,300/month

How This Home Compares

Market Temperature

Seller's Market

Strong SellerSellerBalancedBuyerStrong Buyer

Inventory conditions currently favour sellers of similar homes.

Typical Selling Time

9 Days

Similar homes are selling in about 9 days, faster than the same period last year.

Price Position

100% Lower

The asking price is below the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a high level of homeownership with housing made up primarily of detached homes. Approximately 39% of residents hold a bachelor's degree or higher, while about 16% have a college credential. Public transit is commonly used by local commuters, alongside driving.

School Information

Elementary Schools
Duke of Connaught Junior and Senior Public School (Grade: JK - 8) | School Boundary

Home school

Rank: 1729 out of 3022 (Score: 5.8)

Distance to school: 0.3 km (~5 min walk)
ST JOSEPH (Grade: JK - 8)

Catholic French Immersion school

Rank: 1165 out of 3022 (Score: 6.6)

Distance to school: 0.8 km (~14 min walk)
HOLY NAME (Grade: JK - 8)

Catholic French Immersion school

Rank: 687 out of 3022 (Score: 7.3)

Distance to school: 2.5 km (~8 min drive)
ST JOHN TORONTO (Grade: 5 - 8)

Catholic French Immersion school

Distance to school: 2.9 km (~9 min drive)
ST AGATHA (Grade: 7 - 8)

Catholic French Immersion school

Rank: 1934 out of 3022 (Score: 5.5)

Distance to school: 10.0 km (~30 min drive)
Secondary Schools
Riverdale Collegiate Institute (Grade: 9 - 12) | School Boundary

Home school

Rank: 41/746 (Score: 8.6) 5 year average: 69/746 (Score: 7.8)

Distance to school: 1.2 km (~22 min walk)
Notre Dame (Grade: 9-12)

Catholic French Immersion school

Rank: 41/746 (Score: 8.6) 5 year average: 90/746 (Score: 7.7)

Distance to school: 3.0 km (~9 min drive)
st. Patrick (Grade: 9-12)

Catholic AP program school

Rank: 244/746 (Score: 6.9) 5 year average: 222/746 (Score: 6.8)

Distance to school: 1.7 km (~30 min walk)

Location

Community Overview

12 Connaught Ave is inside Newtonbrook West Community. The community of Newtonbrook West runs from Yonge Street Road on the East to Finch Avenue in the south, Bathurst Street on the West, and Steeles Avenue in the north. Newtonbrook West is a highly diversified community; the mother tone of around 71% of residents is not in English. Newtonbrook West has around 47% of residents who are renters. In past 3 months, 18 Detached homes were sold at average of $1.64M. Close to Yonge street, there is also the second largest population of Koreans in Toronto, next to Little Korea downtown. In 12 Connaught Ave neighbourhood, you will find many residents are Korean, Iranian, Italian, Chinese, and Filipino. Furthermore, the Nearby Finch subway station connects the central transit system to downtown Toronto. Hendon Park, Moore Park, Lissom Park, and Ancona Park offer kids' playgrounds, baseball diamonds, and tennis courts. There are abundant shops in and near Newtonbrook West. Newtonbrook west is a highly diversified community with convenient public transit and plenty of shopping and restaurants. From entry-level condo apartments to much more expensive multi-million luxurious houses, buyers will have the opportunity to find dream homes in this community.