16 Connaught Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 50 x 132 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free, Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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.
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Property Summary
This detached home located at 16 Connaught Avenue, Toronto is currently for sale and has been available on SousaSells for 7 days. This property is listed at $1 with an estimated mortgage of $0* per month. It has 7 beds, 4 bathrooms, and is 3000-3500 square feet. 16 Connaught Avenue, Toronto is in the Newtonbrook West neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Newtonbrook West, Toronto.
- •7 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Newtonbrook West, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- Accessory Apartment
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 16 Connaught Avenue, Toronto, ON
Q.What is the asking price for 16 Connaught Avenue, Toronto, ON ?
The current listing price for 16 Connaught Avenue, Toronto, ON in Newtonbrook West, Toronto is $1.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 4 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 16 Connaught Avenue, Toronto, ON ?
16 Connaught Avenue, Toronto, ON is a Detached (2-Storey) featuring a Finished, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Accessory Apartment.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Built-In).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Data-driven valuation for 16 Connaught Avenue, Toronto, ON M2M 1G6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1 in Toronto, the legal minimum down payment is $0 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.