48 D'arcy Rear Street, Toronto, ON M5T 1J7

Toronto C01, ON M5T 1J7

$1,350,000 Est. $5,734/mo · 20% down, 25-yr, 4.09% ↓ $349,999 (-20.6%)

56 × 63 ftLot

Vacant LandType

About this property

Attention builders and investors this vacant land presents a prime development opportunity in the heart of downtown Toronto. Strategically located on a quiet laneway, it offers exceptional proximity to the University of Toronto, the Ontario College of Art and Design, Queens Park, major hospitals, and the TTC. This desirable location, combined with strong rental demand, makes it ideal for the construction of a rental building. This is an exceptional opportunity to acquire a development site in one of Toronto's most sought-after neighborhoods.

Property Summary

Property TypeVacant Land

Square Footage< 700 sq ft

Community NameKensington-Chinatown

Land Size56.26 x 63.12 ft

Annual Property Taxes$9,592.00

Tax Year2024

Parking TypeAvailable

Building details

Bathrooms / washrooms0

Property typeVacant Land

Lot & land

Lot dimensions56 × 63 ft

Lot frontage56 ft

Lot depth63 ft

Interior Features

Interior FeaturesNone

Building Features

StyleVacant Land

Utilities

Utility SewerNone

Parking

Parking TypeAvailable

Taxes & fees

Annual taxes$9,592 (2024)

Listing history

On market sinceJan 23, 2025

Original list price$1,699,999

Location

Toronto C01, ON M5T 1J7

Listed by RIGHT AT HOME REALTY, Brokerage · Listing data sourced from TRREB®, refreshed nightly.

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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.