48 D'arcy Rear Street, Toronto, ON M5T 1J7
Kensington-Chinatown, Toronto · Near Dundas/University · View map
About this home
Attention builders and investors this vacant land presents a prime development opportunity in the heart of downtown Toronto. Strategically located on a quiet laneway, it offers exceptional proximity to the University of Toronto, the Ontario College of Art and Design, Queens Park, major hospitals, and the TTC. This desirable location, combined with strong rental demand, makes it ideal for the construction of a rental building. This is an exceptional opportunity to acquire a development site in one of Toronto's most sought-after neighborhoods.
The home
- Type
- Vacant land
- Square footage
- < 700 sq ft
- Bathrooms
- 0
- Lot size
- 56.3 x 63.1 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
- Parking features
- Available
Taxes & other
- Property taxes
- $9,592/yr
- Tax year
- 2024
- Occupancy
- Vacant
- Possession
- Vacant
- Cross street
- Dundas/University
- Neighbourhood
- Kensington-Chinatown
More
- MLS® number
- C11938527
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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.
48 D'arcy Rear Street, Toronto, ON M5T 1J7
Kensington-Chinatown, Toronto · Near Dundas/University
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Listing history for 48 D'arcy Rear Street
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 48 D'arcy Rear Street
Answers come straight from this home’s MLS® listing.
How much is 48 D'arcy Rear Street listed for, and what would it cost each month?
48 D'arcy Rear Street is listed for $1,049,999. With 20% down ($210,000), the mortgage payment would be roughly $4,235 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,035 a month, all in. That figure is an illustration, not a quote.
Is 48 D'arcy Rear Street freehold or a condo, and is there a monthly fee?
48 D'arcy Rear Street is a vacant land in Kensington-Chinatown, 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.
Does 48 D'arcy Rear Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 48 D'arcy Rear Street?
48 D'arcy Rear Street is a vacant land. Vacant land and farms are sold for the land itself; zoning, services and access decide what can be built.
How big is 48 D'arcy Rear Street, and what is the lot size?
The lot is listed as 56.3 x 63.1 ft.
What are the property taxes for 48 D'arcy Rear Street?
Property taxes are $9,592 a year (2024), or about $799 a month.
Where is 48 D'arcy Rear Street?
48 D'arcy Rear Street is in the Kensington-Chinatown community of Toronto. The nearest main intersection is Dundas/University. The postal code is M5T 1J7.
Is 48 D'arcy Rear Street still for sale?
Yes. It is an active listing (MLS® C11938527). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 48 D'arcy Rear Street asking?
Similar properties for sale nearby right now include 18 Legato Court at $1,050,000, 20 Legato Court at $1,090,000 and 69 Lloyd Manor Road at $999,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 48 D'arcy Rear Street 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 48 D'arcy Rear Street?
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
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Vacant land$999,99969 Lloyd Manor Road, Toronto0 bath · Princess-RosethornCourtesy of: RE/MAX EXPERTSView home →Courtesy of: RIGHT AT HOME 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.