31 Pine Street, Toronto, ON

$565,000
MLS#:W11890798
6 beds
5 baths
5.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Weston. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $565,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Premium 33 x 121 ft lot size
  • Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Accessory Apartment

Description

Discover the incredible potential of this vacant lot, boasting 33 ft of frontage by 121 ft of depth in prime Weston Village! This historic northwest Toronto neighborhood is celebrated for its diverse community & unique character, offering an unmatched opportunity to build your dream home project. Whether you're envisioning a stunning single-family home, a multi-plex with multi-unit rental, or some combination in between, this lot is a blank canvas ready to bring your vision to life. Seller financing is available, making this an even more enticing investment. Perfectly situated just minutes from Schools, Shopping, Dining, Parks & Entertainment options, the location offers convenience, activity, & charm. Commuters will appreciate the easy access to major highways, public transportation & Up Express, ensuring seamless connectivity both in and out of the city. A survey is available & the listing photos showcasing a thoughtfully designed concept plan of a single-family home w/a legal secondary suite in the basement ideal for rental income or multi-generational living that's been approved with the new construction application illustrating the limitless possibilities this property offers. This opportunity is for lot value only, making it an ideal choice for developers, builders, or anyone ready to create something extraordinary. Don't miss your chance to invest in a vibrant neighborhood where potential meets possibility. Your dream project starts here! Motivated seller! **EXTRAS** Please note the images are architect renderings of the approved new construction application. Lot Value only.

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Key Features

Bedrooms
6
Bathrooms
5
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 31, 2025
Sold price information is available to members only
Listed Date12/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
BasementApartment
Lot Size33 × 121 Feet
CountyToronto
Annual Tax$1,500
Legal DescriptionTBD

Parking & Garage

Parking Spaces5.0
Garage TypeDetached

Heating & Cooling

Features

Property Features

Place Of Worship, School Bus Route, School, Public Transit, Park, Library

Interior Features

Accessory Apartment

Security Features

Community Features

Location

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31 Pine Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 31 Pine Street, Toronto W04, ON M9N 2H7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$31,500 (5.6%)
* Minimum Canadian down payment required for this price is $31,500.
Amortization Period25 Years
Estimated Monthly Payment$3,179Based on a loan of $533,500 over 25 years.
Purchase Price$565,000
Loan Amount$533,500
Provincial Land Transfer Tax:$7,775
Toronto Municipal Land Transfer Tax:$7,775
Total Estimated Closing Taxes:$15,550

About Purchasing a Home in Toronto, ON

For a property listed at $565,000 in Toronto, the legal minimum down payment is $31,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,775 also applies, bringing the total estimated land transfer taxes to $15,550.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Weston, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$839,735

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Bernard
Public12 Duckworth Street, Toronto, Ontario, M6M 4W4
4.5
Our Lady of Victory
Public70 Guestville Avenue, York, Toronto, Ontario, M6N 4N3
4.7
Immaculate Conception
Public23 Comay Road, Toronto, Ontario, M6M 2K9
4.7
St Francis Xavier
Public53 Gracefield Avenue, Toronto, Ontario, M6L 1L3
4.4
St Demetrius
Public125 La Rose Avenue, Etobicoke, Toronto, Ontario, M9P 1A6
7.9

Secondary Schools

Weston
Public100 Pine Street, York, Toronto, Ontario, M9N 2Y9
3.0
Chaminade
Public490 Queen's Drive, Toronto, Ontario, M6L 1M8
5.1
York Memorial
Public2690 Eglinton Avenue West, York, Toronto, Ontario, M6M 1T9
2.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.