$1,519,900
151 Ascot Avenue, Toronto W03, ON M6E 1G5
6 Beds
3 Baths
9 Parking
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.*

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style 2-Storey
Bedrooms Above Grade 5
Bedrooms Below Grade 1
Bathrooms 3
Kitchens 3
Basement Finished
Exposure North
Possession 60/90/tba

Building

Building Type Detached
Square Footage 1500-2000
Exterior Brick
Foundation Concrete
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace No

Measurements

Lot Size 36 x 120
Lot Size Units Feet
Frontage 36
Depth 120
Total Living Area 1500-2000

Land

Address 151 Ascot Avenue, Toronto W03, ON M6E 1G5
City Toronto W03
Community Corso Italia-Davenport
County / Area Toronto
Cross Street Ascot and Harvie
Sewer Sewer
Pool None

Parking and Garage

Total Parking 9
Garage Spaces 3
Garage Type Detached
Parking Features Private

Taxes and Listing Info

List Price $1,519,900
Annual Taxes $5,980
Tax Year 2025
Status Active
Listing Date 2026-02-18T20:00:39Z
Updated 2026-05-25T19:33:41Z
MLS Number W12799232
Local Market Insight

What Buyers Should Know About 151 Ascot Avenue, Toronto W03, ON M6E 1G5

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

151 Ascot Avenue, Toronto W03, ON M6E 1G5 is positioned in Corso Italia-Davenport, a part of Toronto W03 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 Ascot and Harvie, public transit options, parking availability, and drive times to employment areas. A property with 9 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,519,900, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 6 bedrooms, 3 bathrooms, basement details marked as Finished, and a lot size of 36 x 120, 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 W03, 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 Corso Italia-Davenport. 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 151 Ascot Avenue, Toronto W03, ON M6E 1G5, 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.