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For Sale

34 Connaught Avenue

Newtonbrook West, Toronto, ON
$1
3+2Bd
2Ba
900+sqft
6Parking
50 x 132 ftlot
0
DetachedMLS# C12091811Listed 2025-04-19361 DOM
Cooling
Central Air
Basement
Finished

On the market for 361 days — longer than average. The seller may be open to negotiation.

About this home

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.

Features

  • Accessory Apartment
  • Separate Entrance
  • Finished
  • Central Air
  • Bungalow

Financials

Annual Taxes
$6,366

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield3840000.0% – 5760000.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market361 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1
34 Connaught Avenue, Toronto
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