$3,900,000
 $20,936 est/mo Sourced by Back At You

240-242 Finch Avenue W,Toronto C07, ON M2R 1M7

Toronto C07, ON M2R 1M7

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Description

An exceptional residential development opportunity in North York, located at 240-242 Finch Avenue West. The Property features approved plans for a four-storey, purpose-built rental building comprising 41 residential units and approximately 26,339 SF of gross floor area. With a boutique development scale, the Property offers an attractive opportunity for residential developers seeking a manageable investment with potential for future value creation. Developers may also explore opportunities to increase density and gross floor area, subject to municipal approvals. Offered through a court-appointed receivership, this opportunity is well suited to developers seeking to expand their residential portfolio in Toronto.

Details

MLS #C14141080
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site10
Listing Provided ByCOLLIERS | C14141080 336800

Features

SQ Feet26,339
Acreage0.60

Utilities

UtilitiesAvailable
SewerSanitary+Storm

Taxes

Tax Annual Amount13673.49
Tax TypeAnnual
Tax Legal Description240: PT LT 182 PL 4259 NORTH YORK AS IN TB523834; TORONTO (N YORK), CITY OF TORONTO SUBJECT TO AN EASEMENT AS IN AT6610712 242: PT LT 181 PL 4259 NORTH YORK AS IN NY780030; CITY OF TORONTO SUBJECT TO AN EASEMENT AS IN AT6610712
Tax Year2026

Area Information

ProvinceON
CountyToronto
CityToronto C07
Postal CodeM2R 1M7
AreaNewtonbrook West
Listing VS Median (in M2R 1M7)
Price:
$3,900,000
low | high
Med:
$3,900,000
50% of Average
sqft:
26,339
low | high
Med:
26,339
50% of Average
$ / sqft:
$148
low | high
Med:
$148
50% of Average
On site:
10
low | high
Med:
10
100% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

JESSICA CHRISTINA ALMEIDA

JESSICA CHRISTINA ALMEIDA

Coldwell Banker The Real Estate Centre

 (416) 997-6255jessica.almeida@wearetrec.com
ProvinceON
CountyToronto
CityToronto C07
Postal CodeM2R 1M7
AreaNewtonbrook West
Listing VS Median (in M2R 1M7)
Price:
$3,900,000
low | high
Med:
$3,900,000
50% of Average
sqft:
26,339
low | high
Med:
26,339
50% of Average
$ / sqft:
$148
low | high
Med:
$148
50% of Average
On site:
10
low | high
Med:
10
100% of Average
Sourced by Back At You
Listing Updated: November 4, 2026 at 2:53:59 PM PST