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For sale · MLS® E14138002

2685 Midland Avenue, Toronto, ON M1S 1R8

Toronto E07, ON M1S 1R8

$3,880,000Asking price
MLS entry age: 1 days8 Bedrooms3 Bathrooms— Reported areaDetached Type

About this property

Income Today Development Tomorrow! Attention Builders & Investors! Rare opportunity to acquire two adjoining deep lots in prime Agincourt: 2683 & 2685 Midland Ave, offering approximately 125 ft of combined frontage x 227 ft depth (28,395 sq ft/0.65 acres). Severance planning is underway for a proposed four-lot configuration, retaining both existing homes on Midland Ave and creating two additional lots fronting Havendale Rd. Proposed retained lots: 2685A (62.49 ft x 115 ft; approx. 7,186 sq ft) and 2683A (62.74 ft x 115 ft; approx. 7,215 sq ft). Proposed Havendale lots: 2685B and 2683B (each approx. 56 ft x 125 ft; appro 7,000 sq ft). Each newly created lot is estimated at $1M-$1.2M. Severance process is underway with an estimated 18-month timeline. All lot dimensions, values and development concepts are estimates, subject to survey, zoning, servicing and municipal approvals. Explore additional redevelopment potential under Toronto's EHON initiative, including up to six units in qualifying detached buildings under Ward 23 permissions, and townhouse or small-scale apartment options under the Major Streets framework, subject to eligibility and approvals. The two existing residential buildings offer a combined 18 bedrooms and 16 bathrooms, plus a separate draft beer and café room. Airbnb and international student accommodations generate reported average combined revenue of approximately $20,000/month. Four years of supporting income records available to qualified buyers. Seller willing to provide at least one year of transition and operational support on agreed terms. The property is being transformed into a beautiful European-style garden estate, offering established accommodation income and long-term investment potential. Close to schools, parks, shopping, transit, Agincourt GO and Hwy 401. Asking price includes both properties; separate purchases negotiable.

Property facts & features

Days on market
Not reported
Property type
Detached
MLS® number
E14138002
Source status
New
Bedrooms
8
Bathrooms
3
Neighbourhood
Not provided
Postal code
M1S 1R8
Kitchens
1
Kitchens above grade
1
Family room / den
No
Interior size (reported range)
1500-2000 (units not reported)
Lot size
Not reported
Lot depth
227 ft
Garage parking spaces
Not reported
Total parking spaces
10
Occupancy
Owner
Possession type
Flexible
Garage
Attached
Annual property tax
6900
Basement
Finished
Laundry
Not provided
Interior features
Other
Exterior features
Not provided
MLS entry age (not confirmed DOM)
1 days

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Utilities & included services

Reported utility services
Not reported
Water source
Not reported
Sewer
Sewer
Heating system
Water
Heating fuel
Oil
Cooling
Central Air
Included in rent
Not reported
Included in maintenance
Not reported

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Property summary

2685 Midland Avenue, Toronto, ON M1S 1R8, Toronto E07 is listed as for sale — Detached. Reported details include 8 bedrooms, 3 bathrooms, interior size of 1500-2000 (units not reported). Asking price: $3,880,000. Reported occupancy: Owner. MLS® E14138002.

Summary of source-reported facts. Verify measurements and listing terms with the brokerage.

Rooms & virtual tours

Room measurements

Room measurement units

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Bedrooms above grade
4
Bedrooms below grade
4
Rooms above grade
7
Rooms below grade
2
Total rooms (source)
9
Den / family room reported
No

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PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$3,880,000
  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Location & neighbourhood

Region / county
Toronto
Municipality
TORONTO
MLS® community
Agincourt South-Malvern West
MLS® district
Toronto E07

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Listing brokerage: KW Living Realty. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® E14138002. Information deemed reliable but not guaranteed.

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