Coldwell Banker Summit Realty, Brokerage
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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.
Toronto land priced at $3,900,000 — book a tour to see if it fits your search.
Every detail from the listing, in one place.
Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Book a tour of 240-242 Finch Ave W with a licensed buyer's agent
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Listing brokerage: COLLIERS, BrokerageMLS® C14141080 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other homes for sale in Toronto around $3.9M.
Homes for sale in Toronto
Every active Toronto MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 9,257 sales from Aug 5 – Nov 3, 2026 (7,087 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
240-242 Finch Ave W is listed at $3,900,000 (MLS® C14141080). Summitly updates the price as soon as the MLS® record changes.
No — 240-242 Finch Ave W is still listed at its original asking price of $3,900,000.
The listing for 240-242 Finch Ave W doesn't publish its bedroom and bathroom count. It is a lot in Toronto.
Its asking price of $3,900,000 is about 363% above the median sold price in Toronto over the last 90 days, $842,000, across 9,257 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 240-242 Finch Ave W on record from the last two years. Older records aren't shown under TRREB rules.
240-242 Finch Ave W is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
1 day — 240-242 Finch Ave W was listed on November 2, 2026.
About $185,050 at the asking price of $3,900,000: $83,975 Ontario land transfer tax plus $101,075 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 240-242 Finch Ave W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
The listing for 240-242 Finch Ave W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
