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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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255-261 Gamble Avenue Toronto E03
For SaleOld East York

255-261 Gamble Avenue Toronto E03, Land for Sale

MLS® E12602622

Old East York, Toronto, ON

339 days on market
$4,999,900
Show on Map
Show on Map
N/ABeds
N/ABaths
65Sqft
N/AParking
Land

Overview· 255-261 Gamble Avenue Toronto

MLS® #E12602622

This Property is being sold as land value. This is an assembly of 255, 257, 259 and 261. The site is proposed to be able to create a 60-70 unit building all depending on the size of the units. There are tenants dwelling the properties. Inspection of the homes will be possible upon a conditional offer.

Inclusions

None

Broker

RE/MAX CROSSROADS REALTY INC.

Neighbourhood

Old East York

Walk 85Avg $1.81MArea guide

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Schools7920 schools within 1.5 km · nearest 307 m20 schools within 1.5 km · nearest 307 m
Parks608 parks within 1 km · nearest 284 m8 parks within 1 km · nearest 284 m
Convenience7622 groceries, cafes and pharmacies within 1 km · nearest 219 m22 groceries, cafes and pharmacies within 1 km · nearest 219 m
Safety49Safer than 49% of Toronto neighbourhoods (2025)Old East York: 1,380 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· 255-261 Gamble Avenue Toronto

Source: MLS® listing data
255-261 Gamble Avenue Toronto

Land

255-261 Gamble Avenue Toronto

Old East York

Type

Land

Parking

None

Property Tax

~$19,229/yr

Heating

None

Buying Essentials

Square Feet

65 sqft

Parking

None

Finances

List Price

$4,999,900

Price per SQFT

$76,922/sqft

Property Tax

~$19,229/yr

Property Specs

Property Type

Land

MLS Size

65 sqft

Living & Amenities

Heating Type

None

Policies & Utilities

Neighbourhood

Old East York

Listed On

Dec 4, 2025

Price & Listing History

Days on Market

Current: 339 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 255-261 Gamble Avenue 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$20,110/mo
Property Tax$1,602/mo
Total Monthly$21,713

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

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