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For Sale
Just Listed

507 Old Weston Road

Weston-Pellam Park, Toronto, ON
$525,000
0Bd
0Ba
2,250+sqft
45.79 x 35.19 ftlot
$233/sqft
LandMLS# W13441062Listed 2026-06-130 DOM

Just listed! New listings in Toronto often receive offers within the first week.

About this home

Shovel-Ready Toronto Development Site! Two lots (505 & 507 Old Weston Rd) sold together with all approvals plus full drawings. Start building ASAP. Perfect for builders looking to capitalize on a ready-to-go project in a thriving urban pocket. Builders, Investors, and End Users, take advantage of Provincial and City incentives! Now is the perfect time to obtain two rare vacant lots for development in Toronto's Junction neighbourhood. Plans and approvals for a gorgeous detached 4-Bedroom 6-Bathroom with Built-in Garage and Patio on each lot are ready to go. Ontario government incentives provide buyer to purchase new home and save the HST, plus builder savings of 50% off development charges make this the perfect time to construct a highly desirable dream home. This ideal location is located steps to a variety of transportation options including Eglinton GO and UP Express Stations providing direct links to Union Station, as well as the dedicated St Clair Streetcar track and newly completed Eglinton Crosstown LRT. This amazing family neighbourhood also features great schools, shopping, and restaurant options. With the current existing incentives this is an opportunity not to be missed!

Garage

Financials

Annual Taxes
$2,956

Estimated Rental Income

Entire property$2,000 – $3,000/mo
Rental yield4.6% – 6.9%

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

Market Data — Toronto

Days on market0 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
EnglishMandarinCantoneseTagalogTamil

Our estimate for this home

Priced 50.7% below estimate
Estimated range
$984K$1.14M
Mid-point $1.06M · ~$473/sqft
How this listing compares
$984KList · $525K$1.14M
High confidence·Based on 51 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

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.

$525,000
507 Old Weston Road, Toronto
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