1793 Danforth Avenue, Toronto E02

Price: $2,499,000

0 bedrooms, 0 bathrooms

1,413 sqft

Property Type: Land

MLS#: E13474532

The Hard Part Is Already Done. Now It's Your Turn to Build.How often does a fully rezoned, shovel-ready site come to market on one of Toronto's busiest, most loved avenues - with every approval, every study, and every engineering question already answered for you? This is that site.While other developers are still waiting on planning approvals, fighting OLT appeals, or gambling on whether their rezoning will ever see daylight - you could already be moving into design development. The City of Toronto passed the zoning by-law for this property back in 2023. The appeal window closed. Nobody challenged it. It is final, binding, and yours to build on.No more waiting years for a planning decision. No more burning capital on holding costs while City Council deliberates endlessly. No more sleepless nights wondering whether your project will get approved. The runway is clear. The 16-unit, 7-storey mixed-use building with ground-floor retail is already entitled - you can start designing tomorrow. The geotechnical engineer has confirmed - in writing, stamped and signed - the Phase 2 Environmental Assessment is complete. The traffic study is complete. The Avenue Road study is complete. Someone already did the expensive, time-consuming work - and now you get to skip straight to building something real.This is a Major Transit Station Area. Coxwell subway is a five-minute walk away. The demographic surrounding this site is exactly who you want renting your units: young professionals, university-educated, high income, people who actively choose walkable, transit-connected living over a car-dependent suburb. They are already living next door, already lining up to move to the Danforth. You just need to give them somewhere to land. A respected architecture firm has already test-fit the site and proven the massing works - ten well-proportioned two-bedroom units, an efficient 3.71 FSI, a building that pencils on paper before you've spent a dollar of your own design budget.

1793 Danforth Avenue - Land photo 1 of 1 in The Beaches / Upper Beaches, Ontario
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$2,499,000 - 1793 Danforth Avenue, The Beaches

Land for Sale in The Beaches

Neighbourhood: Woodbine Corridor

0Beds
0Baths
1,413Sq Ft
Land
Property Details
MLS Number
E13474532
Property Type
Land
Status
active
Days on Site
15
Bedrooms
0
Bathrooms
0
Square Feet
1,413 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

The Hard Part Is Already Done. Now It's Your Turn to Build.How often does a fully rezoned, shovel-ready site come to market on one of Toronto's busiest, most loved avenues - with every approval, every study, and every engineering question already answered for you? This is that site.While other developers are still waiting on planning approvals, fighting OLT appeals, or gambling on whether their rezoning will ever see daylight - you could already be moving into design development. The City of Toronto passed the zoning by-law for this property back in 2023. The appeal window closed. Nobody challenged it. It is final, binding, and yours to build on.No more waiting years for a planning decision. No more burning capital on holding costs while City Council deliberates endlessly. No more sleepless nights wondering whether your project will get approved. The runway is clear. The 16-unit, 7-storey mixed-use building with ground-floor retail is already entitled - you can start designing tomorrow. The geotechnical engineer has confirmed - in writing, stamped and signed - the Phase 2 Environmental Assessment is complete. The traffic study is complete. The Avenue Road study is complete. Someone already did the expensive, time-consuming work - and now you get to skip straight to building something real.This is a Major Transit Station Area. Coxwell subway is a five-minute walk away. The demographic surrounding this site is exactly who you want renting your units: young professionals, university-educated, high income, people who actively choose walkable, transit-connected living over a car-dependent suburb. They are already living next door, already lining up to move to the Danforth. You just need to give them somewhere to land. A respected architecture firm has already test-fit the site and proven the massing works - ten well-proportioned two-bedroom units, an efficient 3.71 FSI, a building that pencils on paper before you've spent a dollar of your own design budget.

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Estimated Payment

$11,053.92/mo

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5-yr fixed avg.

Principal: $1,999,200Interest: $1,316,976
Mortgage Amount$1,999,200
Total Interest$1,316,976
Est. Property Tax$1,770/mo
Total Cost$3,316,176

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Woodbine Corridor

Discover Woodbine Corridor

Woodbine Corridor is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Woodbine Corridor

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Woodbine Corridor offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1793 Danforth Avenue, The Beaches / Upper Beaches

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Land Investment Considerations

Key factors for evaluating this land parcel

Land Due Diligence Checklist

· Confirm zoning designation and all permitted uses

· Verify servicing (water, sewer, hydro) at lot line

· Order a Phase 1 Environmental Site Assessment

· Obtain an up-to-date survey (boundaries, easements)

· Review development charges and levies with the municipality

· Consult a land use planner on development feasibility

Commercial Financing Note

Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.

Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Zoning & Permitted Use

Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The The Beaches planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.

Land Market Timeline

Vacant land typically takes longer to sell than residential homes — 60 to 180+ days is common. Commercial and development-oriented buyers need time to conduct feasibility studies, consult planners, and arrange specialized financing. Don't read anything into the days-on-market figure without comparing to similar parcels in The Beaches.

Servicing & Infrastructure

A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and The Beaches's development charges. This can make or break a project's feasibility.

Environmental & Survey

I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.

Development Approval Timeline

If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.

Let's Walk Through It Together

Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.

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    1793 Danforth Avenue | $2,499,000 | Battaglia Team