Room 1
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15 Mahoney Avenue
Mount Dennis, Toronto, ON M6M 2H5
Description
Prime shovel-ready development opportunity offering two distinct paths to value: build 3 single-family townhomes immediately, or maximize density with 3 triplexes (9 units total) under approved zoning. The offering comprises three separate lots being processed through part-lot control, allowing exceptional flexibility for builders, investors, or multi-generational living arrangements. Option A is ready to build now with fully issued permits for three architect-designed, four-level towns featuring covered carports and private decks. Option B offers 5,668 sq. ft. of buildable GFA across 9 two-bedroom units with no Site Plan Approval (SPA) required and permit drawings already submitted-perfect for strong rental yields and attractive CMHC multi-unit financing opportunities (such as MLI Select). Complete with an existing bungalow on site, this high-demand pocket is just steps to the Eglinton LRT, Weston GO, UP Express, and TTC transit. The second photo is a 3D Rendering for Option A for which building permits have been issued and Site Plan Approval is confirmed to not be required. Renderings for Option B are not included with the listing photos but are available.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- 40860711
- Board
- Cornerstone (ITSO) MLS®
- Days on market
- Tax
- $3,039
- Lot
- 60.00 × 60 Acres
Listing History
Listing activity for 15 Mahoney Avenue, Toronto, ON
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $749,900 | N/A | For Sale | 40860711 |
Property Details
Property
- Property Type
- Land
- Style
- Land - (Residential)
- Community
- Mount Dennis
- Municipality
- Toronto
Utilities
- Water
- Municipal
Land
- Sewer
- Sewer (Municipal)
- Lot Size
- 60.00 × 60 Acres
- Lot Size Code
- Acres
Rooms (12)
Room 2
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Room 3
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Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
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Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
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Room 12
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Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
17 records read 10 on record nearby 7 checked, none on recordRead 2026-11-06
Water and conservation
- Not in Toronto and Region Conservation Authority’s mapped regulated area
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m27 test or monitoring holes also recorded.
- Groundwater recorded about 7 m below ground nearbyThe middle water level in the well records within 500 m (102 records). It changes with the season and from spot to spot.
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- 26 building permits issued within 250 m in the last 2 years
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.
- Nearest airport: 5.2 km
Province of Ontario open data · Municipal building permits · Municipal development applications
Around the home
- Nearest rail line: 200 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Irving Consumer Products Limited, 510 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Toronto Hydro-Electric System Limited
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$3,438
- Down payment$149,980
- Mortgage amount$599,920
- Total interest$431,480
- Total cost$1,181,380
Cash flow analysis
$3,438
Total monthly payment
$3,691
Break-even down payment
100%
Cash flow-$3,691
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$749,900
$749,900
CAD
Estimate unavailable
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