Get $0 Cash Back
12 CONNAUGHT AVENUE, Toronto (Newtonbrook West) — listed at $1. Earn buyer cashback at closing. No catches, just more money in your pocket.
A rare and prime redevelopment opportunity awaits on prestigious Yonge Street in the highly sought-after Willowdale West community.This exceptional land assembly includes 16 and 12 Connaught Avenue, comprising nearly 1 acre of valuable land just steps from Yonge Street. The site offers outstanding potential for townhomes units residential development, ideal for stacked townhomes, mid-rise condominiums, or affordable rental housing - all eligible for CMHC financing.Perfectly positioned within walking distance to TTC transit, top-ranked schools, shopping, restaurants, and everyday amenities, this location provides unmatched convenience and long-term appeal for future residents.Don't miss this incredible opportunity to acquire a premier redevelopment site in one of North York's most desirable and fast-growing neighbourhoods.All development proposals subject to municipal approvals. (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,832, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 3 spaces — No Garage.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Is this a good starter home?+
At $1, this is priced in starter-home territory for Toronto (Newtonbrook West). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
Yes — Finished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Ask About This Property
Nearby Places
Searching nearby places…
Benchmark price · Updated 2026-09
Year over year
Past 10 years
Similar listings
For Sale85 days1
For Sale92 days27
For Sale153 days20
For Sale2 days21
The listing data above is provided under copyright by the Canadian Real Estate Association. While the information is considered reliable, its accuracy is not guaranteed by the Canadian Real Estate Association or getsetsold.ca. Neither getsetsold.ca nor its affiliates make any representations or warranties, express or implied, regarding the accuracy or completeness of the information presented here.