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$3,900,000

240-242 Finch Ave W

Toronto C07, ON M2R 1M7

240-242 Finch Ave W, Toronto C07 — Listed at $3,900,000 Land. MLS® C14141080.

Possession · seller's timeline

Immediate

Residential
Land
$13,673.49Taxes/yr · 2026
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Description

An exceptional residential development opportunity in North York, located at 240-242 Finch Avenue West. The Property features approved plans for a four-storey, purpose-built rental building comprising 41 residential units and approximately 26,339 SF of gross floor area. With a boutique development scale, the Property offers an attractive opportunity for residential developers seeking a manageable investment with potential for future value creation. Developers may also explore opportunities to increase density and gross floor area, subject to municipal approvals. Offered through a court-appointed receivership, this opportunity is well suited to developers seeking to expand their residential portfolio in Toronto.

Property Details

Property TypeLand
CommunityNewtonbrook West
Lot Dimensions130 × 110.43 ft
Dir/Cross StFinch Ave W & Bathurst St
SewersSanitary+Storm
Taxes (2026)$13,673.49
HSTIn Addition To
Listed Date11/2/2026
Days on Market10 days
PossessionImmediate

Business Details

Property Sub-TypeLand
Business TypeResidential
Property UseDesignated
Occupant TypeVacant
Showing RequirementsList Salesperson
Possession TypeImmediate
Listing Expires5/2/2027
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: COLLIERS

MLS® #C14141080

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Land is located in the Newtonbrook West community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →