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5 Bed, 1 Bath Commercial Property in Toronto
About 2683 Midland Avenue
Income Today Development Tomorrow! Attention Builders & Investors! Rare opportunity to acquire two adjoining deep lots in prime Agincourt: 2683 & 2685 Midland Ave, offering approximately 125 ft of combined frontage x 227 ft depth (28,395 sq ft/0.65 acres). Severance planning is underway for a proposed four-lot configuration, retaining both existing homes on Midland Ave and creating two additional lots fronting Havendale Rd. Proposed retained lots: 2685A (62.49 ft x 115 ft; approx. 7,186 sq ft) and 2683A (62.74 ft x 115 ft; approx. 7,215 sq ft). Proposed Havendale lots: 2685B and 2683B (each approx. 56 ft x 125 ft; appro 7,000 sq ft). Each newly created lot is estimated at $1M-$1.2M. Severance process is underway with an estimated 18-month timeline. All lot dimensions, values and development concepts are estimates, subject to survey, zoning, servicing and municipal approvals. Explore additional redevelopment potential under Toronto's EHON initiative, including up to six units in qualifying detached buildings under Ward 23 permissions, and townhouse or small-scale apartment options under the Major Streets framework, subject to eligibility and approvals. The two existing residential buildings offer a combined 18 bedrooms and 16 bathrooms, plus a separate draft beer and café room. Airbnb and international student accommodations generate reported average combined revenue of approximately $20,000/month. Four years of supporting income records available to qualified buyers. Seller willing to provide at least one year of transition and operational support on agreed terms. The property is being transformed into a beautiful European-style garden estate, offering established accommodation income and long-term investment potential. Close to schools, parks, shopping, transit, Agincourt GO and Hwy 401. Asking price includes both properties; separate purchases negotiable.
5 bedrooms, 1 bathroom. Chat with Zara if you'd like a deeper read on whether this investment fits your budget and timing.
Inside 2683 Midland Ave
Every detail from the listing, in one place.
Type
Investment
Lot size
62.67 x 227.00 Feet
Features & systems
Lot & land
Lot dimensions
62.67 x 227.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Investment
2683 Midland Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14138016$3,880,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 2683 Midland Ave Compares to the Toronto Market
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.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
For homeowners nearby
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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.
Similar homes for sale nearby in Toronto
Other 7–11 bed homes for sale in Toronto around $3.9M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5042.3%On average, homes sold at or above asking.
Active listings12,308Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 6 – Aug 4, 2026: prices up.
Based on 9,406 sales from Aug 4 – Nov 2, 2026 (7,002 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 2683 Midland Ave
How much is 2683 Midland Ave listed for?
2683 Midland Ave is listed at $3,880,000 (MLS® E14138016). Summitly updates the price as soon as the MLS® record changes.
Has the price of 2683 Midland Ave changed?
No — 2683 Midland Ave is still listed at its original asking price of $3,880,000.
How many bedrooms and bathrooms does 2683 Midland Ave have?
2683 Midland Ave has 5 bedrooms and 1 bathroom. It is a commercial property in Toronto.
How does 2683 Midland Ave compare with other homes in Toronto?
Its asking price of $3,880,000 is about 359% above the median sold price in Toronto over the last 90 days, $845,000, across 9,406 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.
Has 2683 Midland Ave been sold before?
Summitly has no earlier MLS® sale or lease of 2683 Midland Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2683 Midland Ave?
2683 Midland Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2683 Midland Ave been on the market?
2683 Midland Ave was listed today (November 2, 2026).
What is the lot size of 2683 Midland Ave?
The lot measures 62.67 × 227.00 Feet, as published in the listing.
What is the land transfer tax on 2683 Midland Ave?
About $183,670 at the asking price of $3,880,000: $83,475 Ontario land transfer tax plus $100,195 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.
How do I book a viewing of 2683 Midland Ave or make an offer?
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.
What is the property tax for 2683 Midland Ave?
The listing for 2683 Midland Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 2683 Midland Ave built?
The listing for 2683 Midland Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.