Attention Developers, Builders & Investors! A rare and prime redevelopment opportunity awaits on prestigious Yonge Street in the highly sought-after Willowdale West community. This exceptional land assembly includes 12,16, 20 and 32 Connaught Avenue, totalling just under 1 acre of valuable land. Ideally positioned steps from Yonge Street, TTC transit, top-ranked schools, shops, restaurants, and all essential amenities, this location offers unmatched convenience and long-term appeal for future residents. The site presents an incredible opportunity for a townhome development or multi-unit residential project (subject to municipal approvals). Currently, the property includes a well-maintained, fully livable 2-storey home with 3 bedrooms and 3 bathrooms, offering excellent rental income potential while redevelopment plans are underway. This is a rare chance to invest in one of Toronto's most prestigious neighbourhoods perfect for immediate development or long-term strategic holding. Don't miss this exceptional opportunity. (id:2493)