Exhibition Park · N1H 1M7
$1,099,900
$1,571 / sq ft4 months on market
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With the current home positioned on the short side of the lot, this property unlocks the full potential of an impressive approx. 45 x 129 ft side yard - a rare opportunity for homeowners, investors, and developers alike. Easily add an ADU (Additional Dwelling Unit) or capitalize on the existing approved severance application to build two semi-detached dwellings with the potential for up to 6 additional units. Much of the costly and time-consuming planning work has already been completed, including prior ADU approval and current severance approvals, making this a truly turnkey development opportunity. The recently renovated legal duplex features 3+2 bedrooms and offers immediate income potential, while providing the flexibility to live in one unit and thoughtfully develop the side yard over time. Whether you're looking to expand your investment portfolio, create a multi-generational living setup, or secure a high-upside redevelopment property, the possibilities here are exceptional. Located in the highly desirable Exhibition Park neighbourhood, this property is surrounded by a vibrant community atmosphere, mature trees, parks, schools, and amenities - including a newly installed park directly across the street. Rarely does a property combine immediate cash flow, future development potential, and a premier location so seamlessly. Explore the possibilities and imagine the future you can build here.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 50% of comparable detached listings in Exhibition Park are asking less.
Based on 12 comparable active detached listings in Exhibition Park. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,099,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Royal LePage Royal City Realty. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX HENDRIKS TEAM REALTY
$1,140,000
Exhibition Park
Listing courtesy of Royal LePage Royal City Realty