1 / 8
Investment signal

$3,000,000

483-485 WILSON AVENUE

Beds

Baths

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

About this home

Income + Redevelopment Opportunity (MTSA / EHON) 3 properties offered together or separately. This a pair of Semi , Fully leased multi-unit assets with strong income and future redevelopment potential. Located on a designated Major Street, steps to transit within MTSA.EHON (Expanding Housing Options in Neighbourhoods) supports increased density 60 Units (buyer to verify).Ideal for investors/builders seeking stable cash flow with long-term upside. (id:65958)

Subtype
Vacant Land
Community
Clanton Park
Living area
12,885 square feet
Lot dimensions
78 x 110.16 FT
Parking
9 total
On market
Apr 16, 2026
Status changed
Apr 16, 2026
Annual tax
$11,668
Zoning
CR-2.5
Photos
8
MLS#
C13004800
Area
TORONTO_(CLANTON_PARK)

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$5,679/mo at these assumptions

Cash on cash

-11.36%

Cap rate

3.62%

GRM

16.7

Break-even rent

$20,978

Financing

Down payment$600,000
Loan amount$2,400,000
Mortgage$14,724/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,375
Insurance$80
Maintenance$2,500
CapEx reserve$1,250
Vacancy loss$750

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Clanton Park). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $14,724/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.