1122 Islington Avenue, Toronto W08, Ontario M8Z 4S2 is For Sale and has a listing price of 2,950,000. The property is located in the Toronto W08 . It's been on the website for 50 Days.
Strategic land opportunity in the heart of Etobicoke’s rapidly intensifying Islington City Centre West. Prime corner lot measuring 67.48 ft by 131.43 ft (8,869 SF) offers immediate development potential in a high-demand residential market. Current application in progress for the construction of 7 luxury townhomes, with a total proposed gross floor area of 14,863 SF. Site Plan Approval expected to be granted by end of August 2025.Existing income on the property from the residential tenant in place offers the opportunity to investors or developers interested in pursuing a larger development, with as-of-right zoning allowing 6 storeys and up to 60 units subject to City approval .With an ideal balance of accessibility and suburban appeal, the site offers a turnkey development option with significant upside perfect for boutique and infill developers seeking value.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 06/10/2025 | W12209172 | $2,950,000 | For Sale | - | - |
| 10/21/2024 | W9419657 | $3,700 | Rented | 11/19/2024 | $3,500 |