318 Holmes Avenue
318 Holmes Avenue
$2,098,000
2 days on market
About This Listing
Excellent opportunity for investors, builders, and developers in a prime North York location. This property offers strong long-term redevelopment potential, whether held as a rental or explored for future construction. The lot presents the possibility for redevelopment subject to city approvals, with potential for townhouse development. The surrounding area continues to experience active intensification, making this a strategic acquisition for those seeking future upside. The property may also benefit from potential land assembly with neighbouring parcels, further enhancing redevelopment options. Conveniently located near Bayview Avenue, transit, schools, and amenities. A rare chance to secure a well-positioned parcel in an established neighbourhood with strong growth fundamentals.
| Monthly Mortgage (P&I) | $9,141 |
| Property Tax (MLS) | $1,016 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $10,156 |
Down payment: $419,600 (20.0%) · Mortgage: $1,678,400
Property tax uses MLS annual tax of $12,186/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX REALTRON REALTY INC.
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Data last updated: August 23, 2026 at 10:26 a.m.