505/507 Old Weston Road, Toronto W03, ON M6N 1P2

For Sale 2 days on Market MLS® W13132220

Asking Price

$1,198,000

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505/507 Old Weston Road, Toronto W03, ON M6N 1P2

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Overview

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Builders, Investors, and End Users, take advantage of Provincial and City incentives! Now is the perfect time to obtain two rare vacant lots sold together for development in Toronto's Junction neighbourhood. Plans and approvals for two gorgeous detached 4-Bedroom 6-Bathroom homes with Built-in Garage and Patio on each lot are ready to go. Ontario government incentives provide buyer to purchase new home and save the HST, plus builder savings of 50% off development charges make this the perfect time to construct a highly desirable dream home. This ideal location is located steps to a variety of transportation options including Eglinton GO and UP Express Stations providing direct links to Union Station, as well as the dedicated St Clair Streetcar track and newly completed Eglinton Crosstown LRT. This amazing family neighbourhood also features great schools, shopping, and restaurant options. With the current existing incentives this is an opportunity not to be missed!

Area

2,250 sqft

Lot Size

0.1 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityToronto W03

Postal CodeM6N1P2

Lot Dimensions91.74 × 35.19 ft

Utilities & Services

Heat SourceWell

SewerSeptic Tank

Financial Information

List Price$1,198,000

Annual Taxes$5,851 (2025)

Days on Market2

MLS® W13132220 • Listed by PANORAMA R.E. LIMITED

505/507 Old Weston Road, Toronto W03, ON M6N 1P2

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Purchase Calculator

Home Price

$1,198,000.00

Location

Down Payment

$251,580.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

505/507 Old Weston Road, Toronto W03, ON M6N 1P2

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