Toronto, ON · M5T 1J7 · MLS® C11938527Updated
$1,049,999Est. $5,158/mo mortgage
48 D'arcy Rear St is a land in Toronto, listed for $1,049,999. It has < 700 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Attention builders and investors this vacant land presents a prime development opportunity in the heart of downtown Toronto. Strategically located on a quiet laneway, it offers exceptional proximity to the University of Toronto, the Ontario College of Art and Design, Queens Park, major hospitals, and the TTC. This desirable location, combined with strong rental demand, makes it ideal for the construction of a rental building. This is an exceptional opportunity to acquire a development site in one of Toronto's most sought-after neighborhoods.
works out to roughly $1,500 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
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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.
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Zara’s estimate
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Closed sales on the TRREB MLS®.
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464-468 Winona Drive
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1600 Finch Avenue
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291 Indian Road
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360B Lawrence Avenue
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1972 Brimley Road
3 bd · 2 ba · Land
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133 Jersey Avenue
Land
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home48 D'arcy Rear Street 0 bd · 0 ba · 700 sqft | $1,049,999asking | $1,500 | — | — |
| 464-468 Winona Drive 0 bd · 0 ba | ||||
| 1600 Finch Avenue 0 bd · 0 ba | ||||
| 291 Indian Road 0 bd · 0 ba | ||||
| 360B Lawrence Avenue 0 bd · 0 ba | ||||
| 1972 Brimley Road 3 bd · 2 ba · 1,100 sqft | ||||
| 133 Jersey Avenue 0 bd · 0 ba |
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba
3 bd · 2 ba · 1,100 sqft
0 bd · 0 ba
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: RIGHT AT HOME REALTY, BrokerageMLS® C11938527 · 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.
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Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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48 D'arcy Rear St is listed at $1,049,999 (MLS® C11938527). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Yes — it was first listed at $1,699,999 and is now $1,049,999, a drop of $650,000 (38.2%).
48 D'arcy Rear St has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Toronto.
The nearest rapid-transit station is St. Patrick Station (Line 1), about 440 m (about a 5-minute walk) in a straight line. Queen's Park Station is about 590 m (about a 7-minute walk), and Osgoode Station is about 750 m (about a 9-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
About $5,158 a month — principal and interest on $1,049,999 with 20% down ($210,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Its asking price of $1,049,999 is about 24% above the median sold price in Toronto over the last 90 days, $844,900, across 9,125 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 48 D'arcy Rear St on record from the last two years. Older records aren't shown under TRREB rules.
48 D'arcy Rear St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
654 days — 48 D'arcy Rear St was listed on January 23, 2025.
About $1,500 per square foot: the asking price of $1,049,999 over the 700 sq ft the listing gives.
The lot is 50 acres, as published in the listing.
