Attention investors, builders, and developers - an exceptional opportunity at 96 Wesley Street in the highly sought-after Stonegate-Queensway community. This 3,072 sq ft triplex sits on a lot that has been subdivided into two 25 x 125 ft parcels, with approvals in place for the construction of two d...etached homes. Development permits have been approved and are ready, with permit fees remaining to be paid. Architectural drawings for both detached dwellings are available.The existing property features three spacious self-contained units, offering a total of 5 bedrooms, 3 kitchens, and 3 full 4-piece bathrooms, providing immediate rental income while you plan your next project.With parking for up to 8 vehicles, including a private driveway and 2-car garage, this property offers strong holding potential and exceptional long-term value. Both subdivided lots must be sold together.Ideally situated with convenient access to the Gardiner Expressway and public transit, and just a short walk to Grand Avenue Park and Queensway Park. Surrounded by top-rated schools, local shops, restaurants, and everyday amenities, this is a rare development opportunity in one of Toronto's most established and desirable west-end neighbourhoods.Seller prefers this property to be sold together with 100 Wesley Street (MLS W13520460).
Full Property Details
Interior
Bedrooms
5
Bedrooms Plus
1
Total Bedrooms
6
Washrooms
3
Square Footage
3000-3500 sqft
Basement
Apartment
Heating Source
Gas
Heating Fuel
Radiant
Air Conditioning
None
Family Room
No
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Bedrooms
5
Bedrooms Plus
1
Total Bedrooms
6
Washrooms
3
Square Footage
3000-3500 sqft
Basement
Apartment
Heating Source
Gas
Heating Fuel
Radiant
Air Conditioning
None
Family Room
No
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Exterior
Depth
125.0
Front
50.0
Lot Size
50 x 125.0 ft
Pool
None
Parking Spaces
8
Total Parking Spaces
8.00
Parking Description
Detached
Garage Spaces
2
Depth
125.0
Front
50.0
Lot Size
50 x 125.0 ft
Pool
None
Parking Spaces
8
Total Parking Spaces
8.00
Parking Description
Detached
Garage Spaces
2
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Triplex
Property Orientation
West
Exterior Finish
Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Apartment
Subtype
Triplex
Property Orientation
West
Exterior Finish
Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Stonegate-Queensway
Community
Stonegate-Queensway
Taxes & Fees
Taxes
$8,852 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$8,852 /yr
Tax Year
2025
Occupancy
Tenant
Similar Properties(No results)
Mortgage Calculator
Calculate your estimated monthly mortgage payment
Price
$1,499,999
$
%
%
Total cost of mortgage
$0
Monthly payment
By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).
The accuracy and applicability of this calculator are not guaranteed.
