$5,500,000 - 750 Queens Plate Drive, Etobicoke
Land for Sale in Etobicoke
174 days on marketNeighbourhood: West Humber-Clairville
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- W13008816
- Property Type
- Land
- Status
- active
- Days on Site
- 174
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- N/A sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Lot Size
- 21,301 sqft
- Taxes (2025)
- $35,847
- Listing Brokerage
- COLLIERS
750 Queens Plate Drive presents an exceptional opportunity to acquire an approved high-density residential development site of nearly half an acre in Toronto's Woodbine District. The Zoning By-law was approved in May 2026 for a 17-storey residential building comprising 148 residential units and a total gross floor area of 161,459 SF, achieving a density of 6.1x FSI. The Property is strategically positioned within the Woodbine District, a rapidly transforming node defined by the ongoing reinvestment in the Woodbine Racetrack and Casino and the presence of major anchors such as Woodbine Mall, Etobicoke General Hospital, and Humber College. This concentration of amenities, coupled with immediate access to Highways 27, 401 and 427 and proximity to Toronto Pearson International Airport, ensures connectivity for future residents. Additionally, the future Woodbine GO Station on Metrolinx's Kitchener Line is now under construction and will be only a five-minute drive from the Property. With zoning now approved, 750 Queens Plate Drive offers investors a rare opportunity to acquire a prime infill site in one of Toronto's most active centres of growth, at a time when major institutional and commercial reinvestment is reshaping the surrounding area. This property is being offered under the Power of Sale process.
Estimate your monthly payments for this property
Estimated Payment
$24,328.36/mo
5-yr fixed avg.
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.
Discover West Humber-Clairville
West Humber-Clairville 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 West Humber-Clairville
- •Convenient location in Etobicoke (West Mall / Rexdale)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
West Humber-Clairville 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.
750 Queens Plate Drive, Etobicoke (West Mall / Rexdale)
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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'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 Etobicoke planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.
Extended Time on Market — Potential Leverage
At 174 days, this land has been sitting. That's actually common for vacant land — buyers are fewer and diligence takes time. But if it's been listed much longer than comparable parcels, there may be a zoning, servicing, or environmental issue the seller hasn't disclosed. I'd want to understand why it hasn't sold.
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 Etobicoke'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.