2685 Midland AVE, Toronto E07, ON M1S 1R8
2685 Midland AVE, Toronto E07, ON M1S 1R8
2685 Midland AVE, Toronto E07, ON M1S 1R8
2685 Midland AVE, Toronto E07, ON M1S 1R8
2685 Midland AVE, Toronto E07, ON M1S 1R8
2685 Midland AVE, Toronto E07, ON M1S 1R8
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Neeraj Moolchandani

Neeraj Moolchandani

+1(289) 544-0278
$ 3,880,000
Est. payment | /mo

4 Beds

3 Baths

Save Virtual Tour
$ 3,880,000
Est. payment | /mo
Save Virtual Tour

4 Beds

3 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto E07

Subdivision Agincourt South-Malvern West

MLS Listing ID E14138002

Style Bungalow

Bedrooms 4

Annual Tax Amount $6,900

Tax Year 2025

Property Sub-Type Detached

Property Description

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.

Location

Province ON

County Toronto

Community Toronto E07

Area Toronto

Rooms

Family Room No

Basement Finished

Kitchen 1

Separate Den/Office 4

Interior

Interior Features Other

Heating Yes

Cooling Central Air

Fireplace Yes

Heat Source Oil

Exterior

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Unknown

Lot Frontage 62.42

Lot Depth 227.0

Total Parking Spaces 10

Building

Foundation Unknown

Others

ParcelsYN No

Virtual Tour https://drive.google.com/drive/folders/1oFkhRcmU-pSA1sy8nwp7ULimL-gHoMNf

Listed by KW Living Realty

Nearby Locations

Neeraj Moolchandani

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 544-0278

neeraj.moolchandani@exprealty.com

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2685 Midland AVE