Forgot password Extend Verify Contact

240-242 Finch Avenue W
Newtonbrook West Toronto M2R 1M7

$3,900,000 /For Sale
Commercial

Main Photo: 240-242 Finch Avenue W in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C14141080
Photo 1: 240-242 Finch Avenue W in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C14141080
Photo 2: 240-242 Finch Avenue W in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C14141080
Photo 3: 240-242 Finch Avenue W in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C14141080
Photo 4: 240-242 Finch Avenue W in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C14141080
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C14141080
Bus Major:
Residential
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.
Property Type:
Commercial
Property Sub Type:
Land
Total Area:
26339 sq. ft. Square Feet
Total Area:
26,339 sq. ft.
Lot Depth:
110'5"
Lot Frontage:
130'
Water supply:
Municipal
Zoning:
RM4(124)
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$13,673.49 / 2026
Assessment:
$- / -
Toronto
Toronto C07
Newtonbrook West
Utilities:
Available
Sewers:
Sanitary+Storm
Seller Property Info Statement:
No
Major Business Type:
Residential
Category:
Designated
Date Listed:
Nov 02, 2026
  • Photo 1: 240-242 Finch Avenue W in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C14141080
    Photo 1 of 4
  • Photo 2: 240-242 Finch Avenue W in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C14141080
    Photo 2 of 4
  • Photo 3: 240-242 Finch Avenue W in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C14141080
    Photo 3 of 4
  • Photo 4: 240-242 Finch Avenue W in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C14141080
    Photo 4 of 4
Listed by COLLIERS
Data was last updated November 3, 2026 at 03:15 AM (UTC)
WEI WANG
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.