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464-468 Winona Drive in Toronto for sale

Asking price
$29,499,000
MLS #:
C12554262
Type:
Vacant Land, Other
71 x 303 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Sus N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Sld N/A N/A
0000-00-00 $00000 Sld N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Sld N/A N/A
0000-00-00 $00000 Sld N/A N/A
0000-00-00 $00000 Sld N/A N/A
0000-00-00 $00000 Sld N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Sld N/A N/A

Listed by Forest Hill Real Estate Inc..

464-468 Winona Drive is a Vacant Land, Other and is currently for Sale @ $29,499,000. Taxes in 2025 were $16,500.00.

More homes for sale under 29.5M in Toronto

An exceptionally rare opportunity to acquire a premier development site in the heart of Midtown Toronto between Humewood and Cedarvale neighborhoods -one of the city's strongest and most resilient rental markets. The Other on 464-468 Winona Drive has 0 bedrooms, 0 bathrooms, and is located on a 303 x 71 ft loton Not Applicable acres in the community of Oakwood Village . The listing price includes Site Plan Approval (SPA) for the proposed 200-unit, 11-story rental development. PAC meetings' feedback and prepared Application Package suggest a short approval period. All seller's obligations related to SPA delivery will be detailed in the Agreement of Purchase and Sale. Offers may be made conditional on these final approvals, giving developers valuable certainty as the project moves toward completion of the planning process. Two independent appraisals have valued the land at about $25 million without approvals, reflecting its true highest and best use as a large-scale rental development. The proposed building aligns perfectly with CMHC's MLI Select program. The completed asset is expected to exceed $100 million in value with projected annual rental income of more than $5,500,000.Situated in a prime Midtown location surrounded by established high-demand rental buildings, the site benefits from strong municipal support for rental intensification as Toronto prioritizes new rental supply. The previously approved townhouse plan is no longer the highest and best use of the land, which is now optimized for a transformative multi-residential project. With near-zero vacancy in the area and robust demand for high-quality rental housing, this is a rare chance for forward-thinking developers to deliver a flagship rental asset in one of Toronto's most coveted neighbourhoods.

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The address 464-468 Winona Drive was listed for sale (MLS# C12554262) on Tuesday, November 18, 2025.

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  • Date Listed: Tuesday, November 18, 2025
  • Listing Brokerage: Forest Hill Real Estate Inc. - Disclaimer: The information contained in this listing has not been verified by Forest Hill Real Estate Inc. and should be verified by the buyer.
  • City: Toronto

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  • Neighbourhood: Oakwood Village
  • Major Intersection: St. Clair and Winona
  • Full Address: 464-468 Winona Drive, Toronto, M6C 3T7, Canada, ON, Canada
  • Amenities:
  • Taxes: $16,500.00 (2025)

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