21 Edgehill Rd

If you're seeking an exceptional opportunity to build your dream home, look no further. This incredible home lot, situated in one of the most coveted and prestigious areas of Toronto, offers the perfect canvas for creating a luxurious residence tailored to your exact specifications. Known for its upscale residences, top-tier amenities, and serene atmosphere, this area is synonymous with luxury living. Proximity to renowned schools, fine dining, exclusive shopping districts, and beautiful parks enhances the allure of this prime location. On a one acre wooded lot backing on a Deer Creek ravine, with development charges fully paid and Building Permit ready to continue building on foundation walls, basement floor poured and finished, precast concrete hollow core placed on main floor and all structural steel erected ready to commence building. The property holds the potential to build an 8000+ sqft home, with walk out basement, and a 6 car underground garage. The following provided images are renderings with accurate floor plans that can be utilized throughout construction.

Opportunity to acquire a fully approved development site for 6 freehold townhomes, each on separately deeded lots. The site comes with architectural drawings and detailed renderings, offering a turnkey solution for immediate development. Additionally, theres potential for higher density through further approvals, with current zoning already allowing up to 15 dwelling units as-of-right. Each townhome spans approximately 2,000 square feet, with an option to increase to 2,400 square feet by eliminating the garages, offering flexible design and space optimization. --> Cleared Site, eliminating the need for costly and time-consuming demolition --> No tenants to evict and no rental replacement requirements, streamlining the development process --> Development Charge Savings, 4 development credits due to the previous duplexes on-site. Build 6 townhomes while paying development charges for only 2 units. No development charges if the site is converted to three 5-unit multiplexes --> Spacious lot dimensions: 15.58m x 37.18m (511 x 1220) -- Vendor Take-Back Mortgage Available --> Zoned and Site Plan Approved, can go straight to building permits --> Additional Potential: Build up to 15 units as-of-right, with support for higher density with additional approvals --> Proximity to Financial District --> Growth area and is seeing substantial development, including new residential, commercial, and mixed-use projects that are transforming the neighbourhood and upcoming Ontario Line TTC Subway Station only a 10-minute walk, Toronto Metropolitan University and the University of Toronto nearby.