Excellent opportunity for investors, builders, and developers in a prime North York location. This property offers strong long-term redevelopment potential, whether held as a rental or explored for future construction. The lot presents the possibility for redevelopment subject to city approvals, with potential for townhouse development. The surrounding area continues to experience active intensification, making this a strategic acquisition for those seeking future upside. The property may also benefit from potential land assembly with neighbouring parcels, further enhancing redevelopment options. Conveniently located near Bayview Avenue, transit, schools, and amenities. A rare chance to secure a well-positioned parcel in an established neighbourhood with strong growth fundamentals.
Address
318 Holmes Avenue
List Price
$2,498,000
MLS® Status
New
Expiration Date
2026-12-31
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Toronto C14
Sub-Area
Willowdale East
Region
Toronto
Bedrooms
3 + 1
Bedrooms (Total)
4
Rooms Above Grade
6
Bathrooms
2
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
104.98
Lot Shape
Irregular
Lot Irregularities
100.32 Rear, 104.03 West
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
85.59
Parcel Number
100640033
Parcel of Tied Land
No
Occupant Type
Tenant
Cross Street
Bayview-Finch
MLS® Number
C12723146
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Basement Area
Finished
Postal Code
M2N 4N3
Posession Details
TBD
Parking
Private
Parking Places (Total)
6
Parking Spaces
5
Tax Amount
$12,186.00
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
South
Fireplace
No
Foundation Details
Poured Concrete
Garage
Yes
Garage Type
Attached
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Shingles
Tax Legal Description
PT LT 104 PL 3691 NORTH YORK AS IN TR76167; TORONTO (N YORK) , CITY OF TORONTO
Waterfront
No
Sewer
Sewer