241 Milan Street
241 Milan Street
$666,000
1 days on market
About This Listing
Rare opportunity to acquire an individually deeded, shovel-ready freehold townhouse lot within a fully approved six-lot development. This serviced parcel is ready for construction and includes the benefit of approved architectural plans and detailed renderings, allowing a purchaser to significantly reduce the time and cost associated with the planning and approvals process. Designed for a spacious approximately 2,000 sq. ft. freehold townhouse, with the potential to expand to approximately 2,400 sq. ft. by optimizing the garage configuration, the proposed residence features a private garage and backyard. Situated in one of Toronto's rapidly transforming neighbourhoods, the property is just a short walk to the future Ontario Line subway station and minutes from the Financial District, Toronto Metropolitan University, the University of Toronto, parks, and vibrant local amenities. An exceptional opportunity for builders, investors, or end users seeking to construct a custom freehold home in a high-growth urban location. Additional individually deeded lots within the approved development are also available for purchase.
| Monthly Mortgage (P&I) | $2,902 |
| Property Tax (MLS) | $201 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $3,103 |
Down payment: $133,200 (20.0%) · Mortgage: $532,800
Property tax uses MLS annual tax of $2,415/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
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Data last updated: August 23, 2026 at 04:26 a.m.