Photo of 261 Cedarvale AvenueJust Listed
$799,900
261 Cedarvale Avenue
Exceptional opportunity to own a vacant building lot complete with plans for a stunning Fourplex multi-family residence. This turn-key development package allows investors and builders to skip the lengthy planning phase and move straight to construction. Purchase the lot and have the seller build to suit - a rare opportunity to acquire both the land and a project manager in one seamless transaction.Ideal for investors seeking strong rental income potential, multi-generational families, or developers looking to expand their portfolio. The fourplex design maximizes the lot's potential while delivering modern, market-ready units in a sought-after location. Permit for fourplex in hand, can be converted to fiveplex.
| MLS® Number | E13122178 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Single Family Home |
| Interior Size | 700 sq ft |
| Lot Size | 2,500 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| City | Danforth / East York |
| Postal Code | M4C 2B9 |
| Province | ON |
| Listed Date | May 13, 2026 |
| Days on Market | 19 |
| Price per Sq Ft | $1,427 |
| Brokerage | RE/MAX HALLMARK ARI ZADEGAN GROUP REALTY |
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