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For saleMLS® E14138002

2685 Midland Avenue, Toronto, ON M1S 1R8

Agincourt South-Malvern West, Toronto · Near Midland Ave & Havendale Rd · View map

$3,880,000
4+4Beds
3Baths
1500–2000Sq ft
BungalowType
Attached · 2 spacesGarage
10 totalParking
FinishedBasement
$6,900/yrTaxes
Call / Text Will
$3,880,000
FreeholdNo monthly condo fee
Attached garage10 parking spaces in total
Finished basementExtra living space
Lot 62.4 x 227 ftThe land comes with the home
Central airCool all summer
FireplaceCozy winters

About this home

Income Today Development Tomorrow! Attention Builders & Investors! Rare opportunity to acquire two adjoining deep lots in prime Agincourt: 2683 & 2685 Midland Ave, offering approximately 125 ft of combined frontage x 227 ft depth (28,395 sq ft/0.65 acres). Severance planning is underway for a proposed four-lot configuration, retaining both existing homes on Midland Ave and creating two additional lots fronting Havendale Rd. Proposed retained lots: 2685A (62.49 ft x 115 ft; approx. 7,186 sq ft) and 2683A (62.74 ft x 115 ft; approx. 7,215 sq ft). Proposed Havendale lots: 2685B and 2683B (each approx. 56 ft x 125 ft; appro 7,000 sq ft). Each newly created lot is estimated at $1M-$1.2M. Severance process is underway with an estimated 18-month timeline. All lot dimensions, values and development concepts are estimates, subject to survey, zoning, servicing and municipal approvals. Explore additional redevelopment potential under Toronto's EHON initiative, including up to six units in qualifying detached buildings under Ward 23 permissions, and townhouse or small-scale apartment options under the Major Streets framework, subject to eligibility and approvals. The two existing residential buildings offer a combined 18 bedrooms and 16 bathrooms, plus a separate draft beer and café room. Airbnb and international student accommodations generate reported average combined revenue of approximately $20,000/month. Four years of supporting income records available to qualified buyers. Seller willing to provide at least one year of transition and operational support on agreed terms. The property is being transformed into a beautiful European-style garden estate, offering established accommodation income and long-term investment potential. Close to schools, parks, shopping, transit, Agincourt GO and Hwy 401. Asking price includes both properties; separate purchases negotiable.

The home

Type
Bungalow
Style
Bungalow
Square footage
1500-2000 sq ft
Bedrooms
4
Basement bedrooms
4
Bathrooms
3
Kitchens
1
Rooms
7
Basement
Finished
Lot size
62.4 x 227 ft
Faces
East

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Aluminum Siding

Heating & cooling

Heating fuel
Oil
Heating type
Water
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Garage
Attached
Garage spaces
2
Driveway spaces
8
Total parking
10
Parking features
Private Double

Taxes & other

Property taxes
$6,900/yr
Tax year
2025
Occupancy
Owner
Possession
TBA
Cross street
Midland Ave & Havendale Rd
Neighbourhood
Agincourt South-Malvern West

More

Price per sq ft
~$2,217 (at 1,750 sq ft)
MLS® number
E14138002

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$16,226per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    2685 Midland Avenue, Toronto, ON M1S 1R8

    Agincourt South-Malvern West, Toronto · Near Midland Ave & Havendale Rd

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    Sold history

    Listing history for 2685 Midland Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 2685 Midland Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 2685 Midland Avenue listed for, and what would it cost each month?

    2685 Midland Avenue is listed for $3,880,000. With 20% down ($776,000), the mortgage payment would be roughly $15,651 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $16,226 a month, all in. That figure is an illustration, not a quote.

    Is 2685 Midland Avenue freehold or a condo, and is there a monthly fee?

    2685 Midland Avenue is a bungalow in Agincourt South-Malvern West, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 2685 Midland Avenue have?

    2685 Midland Avenue has 4 bedrooms, plus 4 more bedrooms in the basement, and 3 bathrooms.

    Does 2685 Midland Avenue have a garage and parking?

    Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 8 spaces. In total the listing counts 10 parking spaces.

    Does 2685 Midland Avenue have a finished basement?

    The listing describes the basement as finished. It counts 4 bedrooms on that level. Finished basement space is usually not counted in the square footage shown.

    What style of home is 2685 Midland Avenue?

    2685 Midland Avenue is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.

    How big is 2685 Midland Avenue, and what is the lot size?

    The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 62.4 x 227 ft.

    How is 2685 Midland Avenue heated and cooled?

    Heating is water (oil). Cooling is central air.

    What are the property taxes for 2685 Midland Avenue?

    Property taxes are $6,900 a year (2025), or about $575 a month.

    Where is 2685 Midland Avenue?

    2685 Midland Avenue is in the Agincourt South-Malvern West community of Toronto. The nearest main intersection is Midland Ave & Havendale Rd. The postal code is M1S 1R8.

    Is 2685 Midland Avenue still for sale?

    Yes. It is an active listing (MLS® E14138002). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 2685 Midland Avenue asking?

    Similar bungalow-style homes for sale nearby right now include 2683 Midland Avenue at $3,880,000 (3+2 bed), 62 Wimpole Drive at $4,498,000 (4+1 bed) and 300 Lake Promenade at $3,099,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 2685 Midland Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 2685 Midland Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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