2685 Midland Avenue, Toronto, ON M1S 1R8
Agincourt South-Malvern West, Toronto · Near Midland Ave & Havendale Rd · View map
About this home
Income Today Development Tomorrow! Attention Builders & Investors! Rare opportunity to acquire two adjoining deep lots in prime Agincourt: 2683 & 2685 Midland Ave, offering approximately 125 ft of combined frontage x 227 ft depth (28,395 sq ft/0.65 acres). Severance planning is underway for a proposed four-lot configuration, retaining both existing homes on Midland Ave and creating two additional lots fronting Havendale Rd. Proposed retained lots: 2685A (62.49 ft x 115 ft; approx. 7,186 sq ft) and 2683A (62.74 ft x 115 ft; approx. 7,215 sq ft). Proposed Havendale lots: 2685B and 2683B (each approx. 56 ft x 125 ft; appro 7,000 sq ft). Each newly created lot is estimated at $1M-$1.2M. Severance process is underway with an estimated 18-month timeline. All lot dimensions, values and development concepts are estimates, subject to survey, zoning, servicing and municipal approvals. Explore additional redevelopment potential under Toronto's EHON initiative, including up to six units in qualifying detached buildings under Ward 23 permissions, and townhouse or small-scale apartment options under the Major Streets framework, subject to eligibility and approvals. The two existing residential buildings offer a combined 18 bedrooms and 16 bathrooms, plus a separate draft beer and café room. Airbnb and international student accommodations generate reported average combined revenue of approximately $20,000/month. Four years of supporting income records available to qualified buyers. Seller willing to provide at least one year of transition and operational support on agreed terms. The property is being transformed into a beautiful European-style garden estate, offering established accommodation income and long-term investment potential. Close to schools, parks, shopping, transit, Agincourt GO and Hwy 401. Asking price includes both properties; separate purchases negotiable.
The home
- Type
- Detached home
- Style
- Bungalow
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 7
- Basement
- Finished
- Lot size
- 62.4 x 227 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding
Heating & cooling
- Heating fuel
- Oil
- Heating type
- Water
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 8
- Total parking
- 10
- Parking features
- Private Double
Taxes & other
- Property taxes
- $6,900/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBA
- Cross street
- Midland Ave & Havendale Rd
- Neighbourhood
- Agincourt South-Malvern West
More
- Price per sq ft
- ~$2,217 (at 1,750 sq ft)
- MLS® number
- E14138002
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
2685 Midland Avenue, Toronto, ON M1S 1R8
Agincourt South-Malvern West, Toronto · Near Midland Ave & Havendale Rd
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Listing history for 2685 Midland Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 2685 Midland Avenue
Answers come straight from this home’s MLS® listing.
How much is 2685 Midland Avenue listed for, and what would it cost each month?
2685 Midland Avenue is listed for $3,880,000. With 20% down ($776,000), the mortgage payment would be roughly $15,651 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $16,226 a month, all in. That figure is an illustration, not a quote.
Is 2685 Midland Avenue freehold or a condo, and is there a monthly fee?
2685 Midland Avenue is a detached home in Agincourt South-Malvern West, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 2685 Midland Avenue have?
2685 Midland Avenue has 4 bedrooms, plus 4 more bedrooms in the basement, and 3 bathrooms. The listing gives the style as bungalow.
Does 2685 Midland Avenue have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 8 spaces. In total the listing counts 10 parking spaces.
Does 2685 Midland Avenue have a finished basement?
The listing describes the basement as finished. It counts 4 bedrooms on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 2685 Midland Avenue?
2685 Midland Avenue is a detached home. A detached home stands on its own lot with no shared walls.
How big is 2685 Midland Avenue, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 62.4 x 227 ft.
How is 2685 Midland Avenue heated and cooled?
Heating is water (oil). Cooling is central air.
What are the property taxes for 2685 Midland Avenue?
Property taxes are $6,900 a year (2025), or about $575 a month.
Where is 2685 Midland Avenue?
2685 Midland Avenue is in the Agincourt South-Malvern West community of Toronto. The nearest main intersection is Midland Ave & Havendale Rd. The postal code is M1S 1R8.
Is 2685 Midland Avenue still for sale?
Yes. It is an active listing (MLS® E14138002). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 2685 Midland Avenue asking?
Similar properties for sale nearby right now include 2683 Midland Avenue at $3,880,000 (3+2 bed), 2642 Midland Avenue at $5,000,000 (3+1 bed) and 2640 Midland Avenue at $5,000,000 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 2685 Midland Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 2685 Midland Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Agincourt South-Malvern West, picked by style, size and price.
Detached home$3,880,0002683 Midland Avenue, Toronto3+2 bed · 2 bath · Agincourt South-Malvern WestCourtesy of: KW Living RealtyView home →
Detached home$5,000,0002642 Midland Avenue, Toronto3+1 bed · 3 bath · Agincourt South-Malvern WestCourtesy of: RE/MAX WEST REALTY INC.View home →
Detached home$5,000,0002640 Midland Avenue, Toronto3+1 bed · 4 bath · Agincourt South-Malvern WestCourtesy of: RE/MAX WEST REALTY INC.View home →Courtesy of: KW Living Realty
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.