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151 Ascot Avenue
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For Sale
151 Ascot Avenue
Corso Italia-Davenport, Toronto M6E1G5
$1,519,900
MLS® W12799232
Bedrooms
6
Bathrooms
3
Parking
9
Interior
1500 - 2000 sqft
Lot size
36 ft×120 ft ft
Type
Single Family
Detached
About this property
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 details
Basement Finished, N/A (Finished)
Heating Forced air, Natural gas
Cooling Central air conditioning
Exterior Brick
Lot dimensions 36 ft × 120 ft ft
Parking 9
Sewer Sanitary sewer
Water Municipal water
Ownership Freehold
Listed Feb 18, 2026
Days on market 114 days
Listing brokerage Re/max West Realty Inc.
MLS® W12799232
$1,519,900
151 Ascot Avenue
Corso Italia-Davenport, Toronto
MLS® W12799232 · For Sale
AC
Andrew Conti
Re/max West Realty Inc.
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$1,519,900
151 Ascot Avenue
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151 Ascot Avenue
$1,519,900 · Corso Italia-Davenport, Toronto
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