Attention investors, builders, and developers - an exceptional opportunity at 96 Wesley Street in the highly sought-after Stonegate-Queensway community. This 3,072 sq ft triplex sits on a lot that has been subdivided into two 25 x 125 ft parcels, with approvals in place for the construction of two detached homes. Development permits have been approved and are ready, with permit fees remaining to be paid. Architectural drawings for both detached dwellings are available.The existing property features three spacious self-contained units, offering a total of 5 bedrooms, 3 kitchens, and 3 full 4-piece bathrooms, providing immediate rental income while you plan your next project.With parking for up to 8 vehicles, including a private driveway and 2-car garage, this property offers strong holding potential and exceptional long-term value. Both subdivided lots must be sold together.Ideally situated with convenient access to the Gardiner Expressway and public transit, and just a short walk to Grand Avenue Park and Queensway Park. Surrounded by top-rated schools, local shops, restaurants, and everyday amenities, this is a rare development opportunity in one of Toronto's most established and desirable west-end neighbourhoods.Seller prefers this property to be sold together with 100 Wesley Street (MLS W13520460).
Address
96 Wesley Street
List Price
$1,499,999
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto W07
Sub-Area
Stonegate-Queensway
Region
Toronto
Bedrooms
5 + 1
Bedrooms (Total)
6
Rooms Above Grade
13
Rooms Below Grade
1
Bathrooms
3
Floor Area
3000-3500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
125
Lot Size Units
Feet
Lot Width
50
Parcel Number
076180293
Occupant Type
Tenant
Cross Street
The Queensway/Royal York
MLS® Number
W13520766
Listing Brokerage
RE/MAX EXPERTS
Basement Area
Apartment
Postal Code
M8Y 2W7
Posession Details
TBD
Parking Places (Total)
8
Parking Spaces
6
Tax Amount
$8,852.00
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Radiant
Cooling Features
None
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Unknown
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Shingles
Tax Legal Description
PART LOT 178, REGISTERED PLAN M110, PART 1, 66R31686 ETOBICOKE CITY OF TORONTO
Waterfront
No
Sewer
Sewer
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