For Sale

3312 Danforth Avenue, Toronto E06, Ontario M1L 1C4

$4,495,000

3312 Danforth Avenue, Toronto E06, Ontario M1L 1C4 is For Sale and has a listing price of 4,495,000. The property is located in the Oakridge neighbourhood . It's been on the website for 19 Days.

  • Land
    Property Type
  • MLS ID: E12131446
  • Office Name SLAVENS & ASSOCIATES REAL ESTATE INC.
Property Description

ATTENTION DEVELOPERS AND BUILDERS Rare Development Opportunity at 3312 Danforth Ave. Welcome to 3312 Danforth Ave., a prime redevelopment site in a high-demand pocket of Scarborough. The Zoning By-law permits a 10 Storey Mixed-Use Residential building that will require approval through the Committee of Adjustment for Minor Variance. An application has been submitted for Site Plan Approval to the City of Toronto. The development application proposes 72 Residential Units and 1 grade related Commercial Unit. The unit breakdown is as follows 9-1 Bedroom + Den units , 55-2 Bedroom Units and 8-3 Bedroom Units. ALL engineering studies in support of the application have been submitted in conjunction with the Site Plan Approval Application. This is a prime development opportunity for both condominium or rental units. Ideally situated across from a park, this property provides future residents with green space at their doorstep, excellent transit access, and a short commute to Downtown Toronto. The area is experiencing rapid growth, making it an attractive location for a new residential or mixed-use development. With much of the groundwork already done, this site allows for a streamlined path to construction. This property is being sold under Power of Sale.

Property Details
  • MLS ID: E12131446
  • Price: $4,495,000
  • Lot Depth: 125
  • Transaction Types: For Sale
  • Ref ID: E12131446
  • Year Built: N/A
  • Dir / Cross St: Danforth & Warden
  • Status: Active
  • Tax Year: 2024
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
05/07/2025 E12131446 $4,495,000 For Sale - -
03/04/2025 E11999447 $4,895,000 For Sale - -
02/23/2025 E11984549 $10 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Oakridge
  • $1,168,672 Average List Price
    based on 1 year
  • 4 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.02 % Below
  • Sold (12mo) 29
  • Rented (12mo) 30

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 97 Walk Score
    Walker's Paradise
  • 88 Transit Score
    Excellent Transit
  • 82 Bike Score
    Very Bikeable
Additional Details
  • Taxes: $15,942
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 07/05/2025 18:35:20
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