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)
Data was last updated July 1, 2026 at 03:15 AM (UTC)
Area Statistics
Listings on market:
83
Avg list price:
$2,578,900
Min list price:
$1
Max list price:
$3,439,000
Avg days on market:
35
Min days on market:
5
Max days on market:
437
These statistics are generated based on the current listing's property type
and located in
Newtonbrook West. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
