PRIME LOCATION FOR DEVELOPMENT - ATTENTION INVESTORS, BUILDERS & DEVELOPERS! Unlock incredible value with this prime real estate opportunity in a highly sought-after, high-density rental pocket. Situated just minutes from Algonquin College, major transit hubs, shopping, and local amenities, this property boasts unbeatable location mechanics for maximum future returns. REBUILD OR REMODEL: The existing bungalow, an ideal footprint for a complete top-to-bottom transformation, requires extensive renovations and remediation stemming from a 2022 water incident. THE REAL VALUE IS IN THE LAND: For builders and developers, this prime parcel offers the ultimate blank canvas. Under the new zoning provisions, this intensification-ready site presents ideal potential for a semi-detached severance or a multi-unit development project tailored to capture the area's insatiable student and rental demand. Property is being sold in "AS IS, WHERE IS" condition with no representations or warranties. Buyers are advised to conduct their own due diligence regarding zoning, setbacks, and severance potential with the municipality.
Data was last updated July 23, 2026 at 07:15 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$749,900
Min list price:
$624,800
Max list price:
$1,085,000
Avg days on market:
49
Min days on market:
15
Max days on market:
133
These statistics are generated based on the current listing's property type
and located in
Parkway Park - Queensway Terrace. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.