48 D'Arcy Rear Street

Kensington-Chinatown, Toronto · MLS® C11938527

Land · Vacant Land · 639 days on market

listed by ANDRIY SAHAN, RIGHT AT HOME REALTY

realtor's description

Attention builders and investors this vacant land presents a prime development opportunity in the heart of downtown Toronto. Strategically located on a quiet laneway, it offers exceptional proximity to the University of Toronto, the Ontario College of Art and Design, Queens Park, major hospitals, and the TTC. This desirable location, combined with strong rental demand, makes it ideal for the construction of a rental building. This is an exceptional opportunity to acquire a development site in one of Toronto's most sought-after neighborhoods.

property details

type: Land, Vacant Land
parking: 0
property tax: $9,592 / yr
days on market: 639
MLS®: C11938527

monthly cost

$5,374/mo

Mortgage $4,575 · Tax $799

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,575/ monthly

loan $839,999

25-year amortization

down payment20% · $210,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $532,424
cash to close: $210,000; down payment; transfer tax and fees not included
total paid: $1,372,423

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.