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73 HOCKEN AVENUE, Toronto (Wychwood) — listed at $1,129,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Opportunity.Welcome to *73 Hocken Avenue*-an exceptional opportunity in the heart of prestigious Wychwood, one of Toronto's most sought-after neighbourhoods. Situated on a quiet, tree-lined street, this rare offering provides incredible flexibility for builders, investors, renovators, and end-users alike. Whether you're looking to thoughtfully renovate, build your dream home, or take advantage of the approved redevelopment plans, this property offers endless potential to bring your vision to life. Included are **approved architectural plans and building permits**, eliminating months of planning, approvals, delays, and carrying costs, allowing you to begin construction immediately should you choose. Choose between **two outstanding approved development options**: build a purpose-designed **3-unit multi-residential property** featuring 1+1 bedroom, 2-bedroom, and 3-bedroom suites, ideal for strong rental income and long-term appreciation; or construct an impressive **approximately 3,300 sq.ft. three-storey custom home** with 4 bed, 5 bath, soaring 10' ceilings, expansive principal rooms, multiple outdoor living spaces, and the potential for a *2-car garage with a laneway suite* for extended family, guest accommodations, or additional income. For buyers with a vision to renovate, this property also presents an exceptional opportunity to restore, expand, and personalize a home in one of Toronto's premier communities while benefiting from the long-term value Wychwood continues to offer. Enjoy everything Wychwood has to offer-steps to Wychwood Barns, Hillcrest Park, St. Clair West, top-rated schools, cafés, restaurants, shopping, TTC, and everyday amenities, all just minutes from downtown Toronto. Opportunities offering this level of flexibility, location, and future potential are exceptionally rare. Whether your goal is to renovate, build, invest, or create your forever home, **73 Hocken Avenue** is ready to make that vision a reality. *Property sold as Is* (id:60164)
How is the home heated? Is it efficient?+
Heating is natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,995, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What makes this a luxury property?+
At $1,129,000, the premium reflects location, finishes, and lot. In this price range, expect higher-end finishes — verify during a showing.
What's the parking situation?+
This property includes 2 spaces — No Garage.
Is 73 HOCKEN AVENUE a good fit for a growing family?+
With 3 bedrooms and 1 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
Yes — window air conditioner cooling is in place.
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