151 Ascot Avenue

Toronto, ON M6E 1G5 ( Corso Italia-Davenport)

Quick Facts

Type: Detached

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $ 5,980 ( 2025)

Updated: 2026-02-19 16:41:41

Description

Get the early jump on your spring build project with a rare, near-ready opportunity in a prime urban pocket. A 36 x 120 ft lot with severance approaching final completion for two 18 x 120 ft lot, unlocking the path for serious density and long-term value creation. *Plans for two fourplexes plus a laneway suite for each unit delivers five rentable units per lot and a powerful multi-unit footprint once the process is finalized.* The existing dwelling remains in clean, livable, and in rentable condition, offering immediate holding income while you prepare for the next phase. A scale of opportunity rarely available in this pocket. A strategic buy with rare multi-unit opportunity nearing the finish line and ready for its next chapter, the groundwork is already laid fora custom builder or investor looking to maximize density and appreciation. *Property currently provides strong rental income with a cap rate of 4.5-4.7% which unheard of on a redevelopment lot with efficient drawings ready to go! Property consists of 3 units plus garage with Approximately $6,912.50, per month with tenants paying their proportionate share of utilities, providing options to keep these very efficient drawings and build now or in a few years as market sets to rebound.*

Extras

Detached

Property

Status: For Sale

MLS #: W12799232

Price: $ 1,549,900

Address: 151 Ascot Avenue

Type:

Style: 2-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 5,980

Tax Year: 2025

Lot Size:

Neighbourhood: Corso Italia-Davenport

Nearest Intersection: Ascot and Harvie

City: Toronto

Postal Code: M6E 1G5

DOM: 27 Days

Last Update: 2026-02-19 16:41:41

Building

Interior

Bedrooms: 6

Bathrooms: 3

Rooms: 0

Kitchens: 3

Family Room:

Fireplace:

Basement: Finished,

Central Vacuum:

Exterior

Exterior: Brick,

Driveway:

Garage: Private

Garage Spaces:

Parking Spaces: 9.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

Features

Rooms