Listing Details
Subtype: Residential
Sale type: Ideal for both investors and owner-users
Lot Size: 12,885 Sq Ft
Description
481-483-485 Wilson Ave, Toronto, ON | $3,388,888 | Fully Tenanted Located within MTSA Zone https://storymaps.arcgis.com/stories/b27b774fe9f04047b14956f689a7762f Unlock rare redevelopment potential in one of Toronto’s most connected growth corridors! Situated just steps from Wilson Subway Station, this triple-lot property boasts a massive 12,885 sq ft lot (117.07 ft x 110.16 ft) and features three legal 3X1-bed and 6X3-bed apartment units – fully tenanted and generating strong income with ~$190,000 gross annually. 🔹 Zoned for Major Transit Station Area (MTSA) – prime for future density 🔹 Huge 12,885 sq ft lot (117.07 ft x 110.16 ft) – rare scale in this location 🔹 Ideal for developers/builders: Potential for ~100 residential units (subject to approvals) 🔹 Strong holding income with fully leased multi-unit setup 🔹 Separate hydro meters, private entrances, and shared garage 🔹 Just minutes to TTC, Hwy 401, Yorkdale Mall, and essential retail 🔹 Immediate possession available Whether you're an investor seeking stable returns, or a developer eyeing a large-scale infill site, this opportunity is unmatched in location, zoning, and future upside. 📍 Address: 481-483-485 Wilson Ave, Toronto, ON M3H 1T9 🗓 Available Immediately | Offers Anytime 📞 Contact: Maziar Moini – | Home Leader Realty Inc.
Location & nearby
This listing is located in Toronto, ON M3H 1T9
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