34 Connaught Avenue

Newtonbrook West, Toronto

34 Connaught Avenue, Newtonbrook West, Toronto

$1

Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $0.00

About this Detached

in Newtonbrook West, Toronto

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. More information available upon request.

Listed by RIGHT AT HOME REALTY.

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
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* This material is for informational purposes only.

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