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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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240-242 Finch Avenue W Toronto C07
For SaleNewtonbrook West

240-242 Finch Avenue W Toronto C07, Land for Sale

MLS® C14141080

Newtonbrook West, Toronto, ON

5 days on market
$3,900,000
Show on Map
Show on Map
N/ABeds
N/ABaths
26,339Sqft
N/AParking
Land

Overview· 240-242 Finch Avenue W Toronto

MLS® #C14141080

An exceptional residential development opportunity in North York, located at 240-242 Finch Avenue West. The Property features approved plans for a four-storey, purpose-built rental building comprising 41 residential units and approximately 26,339 SF of gross floor area. With a boutique development scale, the Property offers an attractive opportunity for residential developers seeking a manageable investment with potential for future value creation. Developers may also explore opportunities to increase density and gross floor area, subject to municipal approvals. Offered through a court-appointed receivership, this opportunity is well suited to developers seeking to expand their residential portfolio in Toronto.

Broker

COLLIERS

Neighbourhood

Newtonbrook West

Walk 48Avg $1.29MArea guide

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Walk Score®74Very WalkableVery Walkable
Transit Score®66Good TransitGood Transit
Bike Score®56BikeableBikeable
Schools8716 schools within 1.5 km · nearest 190 m16 schools within 1.5 km · nearest 190 m
Parks626 parks within 1 km · nearest 411 m6 parks within 1 km · nearest 411 m
Convenience528 groceries, cafes and pharmacies within 1 km · nearest 207 m8 groceries, cafes and pharmacies within 1 km · nearest 207 m
Safety24Safer than 24% of Toronto neighbourhoods (2025)Newtonbrook West: 1,848 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 240-242 Finch Avenue W Toronto

Source: MLS® listing data
240-242 Finch Avenue W Toronto

Land

240-242 Finch Avenue W Toronto

Newtonbrook West

Type

Land

Property Tax

~$13,673/yr

Buying Essentials

Square Feet

26339 sqft

Finances

List Price

$3,900,000

Price per SQFT

$148/sqft

Property Tax

~$13,673/yr

Property Specs

Property Type

Land

MLS Size

26339 sqft

Policies & Utilities

Neighbourhood

Newtonbrook West

Listed On

Nov 2, 2026

Price & Listing History

Days on Market

Current: 5 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 240-242 Finch Avenue W Toronto.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$15,686/mo
Property Tax$1,139/mo
Total Monthly$16,826

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0