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151 ASCOT AVENUE, Toronto (Corso Italia-Davenport)
2026-02-18
Quick Summary
- Location
- 151 ASCOT AVENUE, Toronto (Corso Italia-Davenport), Ontario M6E1G5
- Price
- $1,519,900
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1500 - 2000 sqft
- Bedrooms:
- 5 bed +1
- Bathrooms:
- 3
- Garages:
- 9
MLS®#W12799232
Property 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.* (id:32467)
Property Features
Building
- Appliances: All
- Basement Development: Finished
- Basement Type: N/A (Finished)
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 1500 - 2000 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: 36 x 120 FT
- Sewer: Sanitary sewer
Ownership
- Type: Freehold
Information entered by RE/MAX WEST REALTY INC.
Listing information last updated on: 2026-05-25 20:19:50
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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