4632* Yonge Street, Toronto, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Lansing-Westgate. Offering a sublime balance of structural integrity and modern aesthetic appeal, 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 181.26 x 235.04 ft lot size
Description
Rare mixed-use redevelopment opportunity at 4632-4656 Yonge Street & 16-18 Cameron Avenue, situated within the North York Centre Secondary Plan along one of Toronto's premier transit-oriented corridors. Steps to Sheppard-Yonge Station (Line 1 & 4), the Property offers prominent Yonge Street frontage and significant density potential. Preliminary analysis supports high-density configurations featuring a 45-storey tower atop a 4-storey podium, with GFAs ranging 355,373 sq ft to 386,250 sq ft (subject to Zoning By-Law Amendment). Existing commercial and residential tenancies provide meaningful holding income. Offered for sale through a court- appointed receiver process.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4632* Yonge Street, Toronto C07, ON M2N 1E1
Based on 0 recent similar sales in the pocket.
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.
