39 Thora Avenue, Toronto E06, ON M1L 2P7
$4,999,000
$4,999,000
MLS®#:
E12921600
Property Type:
Land
Property Style:
Area:
Toronto
Community:
Oakridge
Taxes:
$9,126.56 / 2026
Added:
March 23 2026
Lot Frontage:
70.44
Lot Depth:
154.52
Status:
Active
Outside:
Year Built:
Brokerage:
FOREST HILL REAL ESTATE INC.
Lot :

154

70

BIG LOT

Intersection:
Danforth Avenue
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Heating Type:
Heating Fuel:

Listing Details

Rare development opportunity in a rapidly evolving pocket located at Danforth Ave & Victoria Park Ave! Vacant land with approved planning flexibility in place, allowing for a range of potential low-rise built forms. Just steps to TTC Victoria Park station. Well-positioned near transit, major retailers, and everyday amenities. This site is well-suited for intensification and long-term growth - including purpose built rental opportunities. A rare site in a prime location!

Insights

  1. **Prime Location**: Situated at the intersection of Danforth Ave & Victoria Park Ave, this property is just steps away from the TTC Victoria Park station, providing excellent transit access and connectivity.
  2. **Development Potential**: The vacant land comes with approved planning flexibility, allowing for a variety of low-rise built forms, making it an attractive opportunity for developers looking to capitalize on the area's growth.
  3. **Long-Term Growth Opportunity**: Located in a rapidly evolving community, this site is well-suited for intensification and purpose-built rental opportunities, positioning it for significant appreciation in value over time.

Neighborhood Overview

Complete neighborhood profile for 39 Thora Avenue

Oakridge home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Oakridge
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)