44 Connaught Ave Toronto near Yonge/Finch | Single Car Garage Detached home for sale

Description

Exceptional investment opportunity in one of North York's most high-demand transit corridors. Located just steps from Yonge Street and Finch Subway Station, 44 Connaught Avenue offers outstanding potential for savvy investors, builders, and developers.Situated on a prime lot within a rapidly evolving neighbourhood, this property presents significant upside under Toronto's expanded multiplex zoning bylaws (duplex, triplex, fourplex, or garden suite development potential). Ideal for substantial rental income, custom redevelopment, or holding for long-term appreciation in a world-class transit-oriented hub.Unbeatable location with immediate walking access to TTC Subway, GO Transit, vibrant Yonge Street dining, shopping, top-ranked schools, and major highway connections (Hwy 401/404). A rare development opportunity in prime North York. Buyer and buyer's agent to verify all zoning, permits, and development permissions.

Features

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

Details

Lot size: 25.00 x 132.00 Feet
Space: 700-1100
Tax: $ 5369.00
C14096348
Listing contracted with: RIGHT AT HOME REALTY

Bathroom	Pieces	Level
2xBaths	4 pcs

Property Summary

Located close to the intersection of Yonge and Finch, 44 Connaught Ave is a 2+1 bedrooms 2 washrooms Detached. The unit has a Single Attached Parking Space. 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 16.7% compared with the same period last year.

Recent Comparable Value Range

$840,000 – $1,320,000

Recent 6-Month Rent Range

$2,700 – $3,100/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

7.6% 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: 0.2 km (~3 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 (~7 min drive)
ST JOHN TORONTO (Grade: 5 - 8)

Catholic French Immersion school

Distance to school: 2.9 km (~9 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: 1.1 km (~21 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: 2.9 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: 1.6 km (~29 min walk)

Location

Community Overview

44 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. Here also lives a large number of Chinese and Persian. In 44 Connaught Ave neighbourhood, you will find many residents are Korean, Iranian, Italian, Chinese, and Filipino. Car commuters can drive onto highway 401 from the community via Yonge Street. Newtonbrook West has several small parks distributed throughout the community. Centerpoint Mall is located in the community's Northeast corner, with over a hundred stores, including Hudson Bays, No Frills, Beer Store, Tim Horton, Canadian Tire, Canada Computers & Electronics, numerous restaurants and banks, and telecom stores. 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.