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1 day on Market

11 Gibson Ave, Toronto, Ontario M9V 2S5

$4,750,000
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Detached
5 + 2
4
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$20,399/mo

Tax Amount (2024)$8,419/yr

Days On Market1 day


Description

Attention Builders/developers!! Nestled at the prime intersection of Islington & Albion, this remarkable property boasts a rare 2.34-acre parcel of land with a Southeast exposure, offering breathtaking, unobstructed views of the Toronto skyline. Situated in a charming residential neighborhood characterized by mature, tree-lined streets, this property presents an unparalleled opportunity for development or investment. With dimensions of 202.24 feet by374.06 feet, the expansive lot provides endless possibilities. Imagine crafting individual luxury homes, designing a grand urban estate, or creating a multi-residential building that takes full advantage of its unique canvas and strategic location. Currently, the property features a single-family home accompanied by a detached double-car garage, allowing for immediate use or rental potential while plans are being finalized. Whether you envision a luxurious retreat, a thriving residential community, or an architecturally significant project, this property is a one-of-a-kind opportunity in the heart of a thriving neighborhood. Seize the chance to bring your vision to life on this spectacular property where potential truly meets possibility. TRCA coverage.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size75,649 SqFt(374.06 x 202.24)
Parking Spaces6
MLS ®NumberC10442774
Community NameThistletown
Data SourceTRREB

Features

Heating: Other
Cooling: Other
Fireplace
Basement: Apartment

Features

Lot size: 75,649 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 4

Total parking spaces 6


Property History

Now
ListedFor Salefor$4,750,000Active
1 day on market
Listing by trreb®
history photo preview33
May 8, 2024
ListedFor Salefor$4,999,000Sold for$•••,•••
Stayed 30 days on market
Listing by trreb®
history photo preview40
Mar 19, 2024
ListedFor Salefor$5,500,000Expired
Stayed 111 days on market
Listing by trreb®
history photo preview22
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Property listed by RE/MAX PROFESSIONALS INC., Brokerage

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Market DataFor the past 30 days in Thistletown

Median Selling Price

$980,000

21.91% less than GTA:

$1,255,000

Median Bidding

Underbidding - Trending to buyer market

-$10,000

GTA median: -$24,999

Median Number of Sales

9 sales

2807 sales less than GTA:

2816 sales

Median Number of Days on Market

9 days

12 days less than GTA:

21 days

Want more insights?Visit the Market Pulse


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