$1
16 Connaught Avenue, Toronto C07, ON M2M 1G6
7 Beds
4 Baths
4 Parking
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, 32, and 34 Connaught Avenue, comprising nearly 1 acre of valuable land just steps from Yonge Street. The site offers outstanding potential for a 60+ unit residential development, ideal for stacked townhomes, mid-rise condominiums, or affordable rental housing - all eligible for CMHC financing.Perfectly positioned within walking distance to TTC transit, top-ranked schools, shopping, restaurants, and everyday amenities, this location provides unmatched convenience and long-term appeal for future residents.Don't miss this incredible opportunity to acquire a premier redevelopment site in one of North York's most desirable and fast-growing neighbourhoods.All development proposals subject to municipal approvals.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style 2-Storey
Bedrooms Above Grade 4
Bedrooms Below Grade 3
Kitchens 2
Basement Finished, Finished with Walk-Out
Exposure North
Possession ATB

Building

Building Type Detached
Square Footage 3000-3500
Exterior Brick, Concrete
Foundation Poured Concrete
Roof Shingles
Heating Forced Air
Heat Source Ground Source
Cooling Central Air
Fireplace Yes

Measurements

Lot Size 50 x 132
Lot Size Area 6600
Lot Size Units Feet
Frontage 50
Depth 132
Total Living Area 3000-3500

Land

Address 16 Connaught Avenue, Toronto C07, ON M2M 1G6
City Toronto C07
Community Newtonbrook West
County / Area Toronto
Cross Street Yonge St. And Connaught Ave
Sewer Sewer
Pool None
Parcel Number 101400040

Parking and Garage

Total Parking 4
Garage Spaces 1
Garage Type Built-In

Taxes and Listing Info

List Price $1
Annual Taxes $8,169
Tax Year 2024
Status Active
Listing Date 2025-04-19T04:08:35Z
Updated 2026-06-03T11:50:47Z
MLS Number C12091878
Local Market Insight

What Buyers Should Know About 16 Connaught Avenue, Toronto C07, ON M2M 1G6

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

16 Connaught Avenue, Toronto C07, ON M2M 1G6 is positioned in Newtonbrook West, a part of Toronto C07 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Yonge St. And Connaught Ave, public transit options, parking availability, and drive times to employment areas. A property with 4 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 7 bedrooms, 4 bathrooms, basement details marked as Finished, Finished with Walk-Out, and a lot size of 50 x 132, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Toronto C07, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Newtonbrook West. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 16 Connaught Avenue, Toronto C07, ON M2M 1G6, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.