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Dennis Mehravar

[email protected] +1(519) 498-1229

Listed by Adam Ionico • Blair Blanchard Stapleton Ltd.

$ 799,000

Est. payment -/mo

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Active

15 Mahoney Avenue Toronto, ON M6M 2H5

3,615 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40860711

Annual Tax Amount $3,039

Lot Size 3,615 Sqft

Acres 0.083

Property Sub-Type Residential

Source Cornerstone

Property Description

Prime shovel-ready development opportunity offering two distinct paths to value: build 3 single-family townhomes immediately, or maximize density with 3 triplexes (9 units total) under approved zoning. The offering comprises three separate lots being processed through part-lot control, allowing exceptional flexibility for builders, investors, or multi-generational living arrangements. Option A is ready to build now with fully issued permits for three architect-designed, four-level towns featuring covered carports and private decks. Option B offers 5,668 sq. ft. of buildable GFA across 9 two-bedroom units with no Site Plan Approval (SPA) required and permit drawings already submitted-perfect for strong rental yields and attractive CMHC multi-unit financing opportunities (such as MLI Select). Complete with an existing bungalow on site, this high-demand pocket is just steps to the Eglinton LRT, Weston GO, UP Express, and TTC transit. The second photo is a 3D Rendering for Option A for which building permits have been issued and Site Plan Approval is confirmed to not be required. Renderings for Option B are not included with the listing photos but are available.

Location

Province ON

County Toronto

Area Tw04 - Toronto West

Zoning LCR (Local Commercial/Residential)

Direction Weston Road and Jane Street

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available At Lot Line-Gas, At Lot Line-Hydro, Cell Service, Electricity Connected, Municipal to Lot Line, Natural Gas Available, Phone Available

Lot Frontage 60.0

Lot Depth 60.0

Garage No

Building

Lot Description Urban, High Traffic Area, Public Transit, Schools

Faces Weston Road and Jane Street

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 105060149

Ownership Freehold/None

NEARBY SCHOOLS & PROPERTIES

Dennis Mehravar

Broker

+1(519) 498-1229

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