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W/S keele st, Toronto, ON M6N 3E9

Vacant Land
$2,900,000
Property tax
$21,830 / year

Rare Residential Development Opportunity - Keele & Lavender. Approximately 21,000 square feet of vacant land offering exceptional redevelopment potential in one of Toronto's evolving residential growth corridors. Multi-residential zoning provides an attractive opportunity for developers and investors to create new housing within a well-established neighbourhood. Conveniently located near transit, employment nodes, schools, parks, and major commuter routes. A unique chance to acquire a substantial urban infill site positioned to benefit from continued investment and neighbourhood transformation. Purchasers to verify all zoning, planning, servicing, and development requirements independently.

MLS number
W13481122
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
M6N 3E9
Photos
3
Laundry
Not in the unit
81days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries are not shown for this listingWe could only place this address to its postal code, which can cover a block or more, and school boundaries often run down the middle of a street. Naming a school boundary from a position that loose would be a guess about a school, so we don’t. Use the board’s own address lookup for this one.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Matthew Catholic School
Toronto CDSB
Elementary267 m6.3 / 10
63% met the standard
Santa Maria Catholic School
Toronto CDSB
Elementary567 m3.5 / 10
35% met the standard
Silverthorn Community School
Toronto DSB
Elementary819 m6.5 / 10
65% met the standard
Harwood Public School
Toronto DSB
Elementary728 m5.5 / 10
55% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,442 people.

$46,000Median household income
29.3%Own their home
5.6%Detached houses
44.8Median age
58.7%Born outside Canada
15.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35201396 — the few blocks around this address, home to 1,442 people. It describes the area, not this property.

1,442Population
45.3Average age
2Household size
$60,300Average household income
$46,000Median household income
29%Own their home
71%Rent
32%Condominiums
59%Born outside Canada
15%University degree
$552,000Average home value
25%Low income
77%Not in the labour force
38%Never married
Under $5,0001%
$10,000 to $14,9993%
$15,000 to $19,9992%
$20,000 to $24,99919%
$25,000 to $29,9996%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9995%
$60,000 to $69,9994%
$70,000 to $79,9995%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over16%
$100,000 to $124,9998%
$125,000 to $149,9994%
$150,000 to $199,9992%
$200,000 and over2%

Percentages are of the 855 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$580,000 · minimum here is $580,000
$12,840.57per month
Borrowed before insurance$2,320,000
Total borrowed$2,320,000
Interest over 25 years at 4.5%$1,532,172

If you rented it out

-$14,659.74per month out of pocket
Rent$0.00
Everything it costs to hold$14,659.74
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 5 still in progress.

200 BENNY STARK ST319 m
Under Review · applied April 29, 2022

Site Plan Approval for a 46-storey mixed-use building having a non-residential gross floor area of 10,841 square metres, and a residential gross floor area of 70,174 square metres. 972 residential dwelling units are proposed.

City planning file →
200 BENNY STARK ST319 m
Under Review · applied April 29, 2022

Site Plan Approval for a 22-storey mixed-use building having a non-residential gross floor area of 7052 square metres, and a residential gross floor area of 19,449 square metres. 262 residential dwelling units are proposed.

City planning file →
200 BENNY STARK ST319 m
Under Review · applied April 29, 2022

Site Plan Approval for a 24-storey mixed-use building having a non-residential gross floor area of 806 square metres, and a residential gross floor area of 40,333 square metres. 547 residential dwelling units are proposed.

City planning file →
380 WESTON RD442 m
NOAC Issued · applied February 17, 2021

Proposal to construct a 1-storey commercial building containing two units for future restaurants (unlicensed) and/or retail stores on the north portion of the property, while retaining the existing 1-storey restaurant on the south portion of the property.

City planning file →
2 BICKNELL AVE282 m
OMB Appeal · applied January 26, 2017

Proposal to construct 4 stacked townhouse Blocks comprised of 62 residential dwelling units in total.

City planning file →
2 BICKNELL AVE282 m
Closed · applied February 26, 2019

Draft Plan of Standard Condominium application for four stacked townhouse blocks containing 62 residential condominium units and 68 parking spaces (59 residential condominium spaces and 9 residential visitor spaces).

City planning file →
475 ROGERS RD326 m
Closed · applied June 9, 2014

Proposal to construct 2 new buildings to replace an existing retail building. The building fronting on Rogers Road will be 3-storey mixed-use retail/residential building consisting of 7 residential units and 7 ground floor retail units.…

2 BICKNELL AVE282 m
Closed · applied December 30, 2013

Proposed amendment to the City of Toronto Zoning By-law No. 569-2013 and former City of York Zoning By-law No. 1-83 to permit the development of 4 stacked townhouse blocks .

What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by RE/MAX REAL ESTATE CENTRE INC.. Listing data provided by the Toronto Regional Real Estate Board.