505/507 Old Weston Road
505/507 Old Weston Road
$990,000
2 days on market
About This Listing
Shovel-Ready Toronto Development Site! Two lots (505 & 507 Old Weston Rd) sold together with all approvals plus full drawings. Start building ASAP. Perfect for builders looking to capitalize on a ready-to-go project in a thriving urban pocket. Builders, Investors, and End Users, take advantage of Provincial and City incentives! Now is the perfect time to obtain two rare vacant lots sold together for development in Toronto's Junction neighbourhood. Plans and approvals for two gorgeous detached 4-Bedroom 6-Bathroom homes with Built-in Garage and Patio on each lot are ready to go. Ontario government incentives provide buyer to purchase new home and save the HST, plus builder savings of 50% off development charges make this the perfect time to construct a highly desirable dream home. This ideal location is located steps to a variety of transportation options including Eglinton GO and UP Express Stations providing direct links to Union Station, as well as the dedicated St Clair Streetcar track and newly completed Eglinton Crosstown LRT. This amazing family neighbourhood also features great schools, shopping, and restaurant options. With the current existing incentives this is an opportunity not to be missed!
| Monthly Mortgage (P&I) | $4,313 |
| Property Tax (MLS) | $488 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $4,801 |
Down payment: $198,000 (20.0%) · Mortgage: $792,000
Property tax uses MLS annual tax of $5,851/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 PANORAMA R.E. LIMITED
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Data last updated: August 23, 2026 at 10:26 a.m.