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43.73° N · 79.40° W — Toronto & nearby · 9,729 homes for sale today43.73° N · 79.40° W — 9,729 homes today(647) 554-7436Saved

43.6551° N · 79.3937° W — Kensington-Chinatown, Toronto — MLS® #C11938527

48 D'arcy Rear St

$1,049,999

Kensington-Chinatown, Toronto, Ontario M5T 1J7

< 700 sqft< 700
SizeSq ft
56.26 x 63.12 ft
Lot sizeLot

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In short · from the listing record

48 D'arcy Rear St is vacant land in Kensington-Chinatown, Toronto, listed for sale at an asking price of $1,049,999 (MLS® C11938527).

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.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 64Fair

    Condition score

    2 condition-related facts documented

    Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$9,592 / 2024
MLS® number
C11938527
Board
TRREB MLS®
Property Type
Vacant Land
Time on market
Size
< 700 sqft
Lot Size
56.26 x 63.12 ft
Listed on

Listing history

Listing activity for 48 D'arcy Rear St, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,049,999N/APcC11938527

Inside

Room by room

Property

Property Type
Vacant Land
Style
Other
Community
Kensington-Chinatown
Municipality
Toronto

Building

Size
< 700 sqft

Parking

Driveway
Available

Utilities

Water
None

Land

Sewer
None
Frontage
56.26 ft
Depth
63.12 ft
Lot Size
56.26 x 63.12 ft

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
St Patrick StationTTC subway: Line 1 Yonge-University450 m
Queen's Park StationTTC subway: Line 1 Yonge-University600 m
Osgoode StationTTC subway: Line 1 Yonge-University700 m
TMU StationTTC subway: Line 1 Yonge-University1 km
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train1.5 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningR (f4.5; d1.0) (x835)Residential zone (R) · Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(835)
  • PermitsNone on fileNo building permits on file at this address.
  • Signals nearby6 to note250 DUNDAS ST W, Plan of subdivision, 320 m away · 250 DUNDAS ST W, Site plan, 320 m away · 240 MC CAUL ST, Site plan, 350 m away · 522 UNIVERSITY AVE, Site plan, 360 m away · 74 HENRY ST, Site plan, 390 m away · 76 HENRY ST, Site plan, 390 m away

None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

Lot

Lot area
3,551 sq ft330 m²
Street frontage
56.26 ft17.1 m
Depth
63.12 ft19.2 m
56.26 × 63.12 ftD'ARCY REAR ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land transfer tax on this home

Ontario land transfer tax
$17,475
Toronto municipal land transfer tax
$17,475
Total land transfer tax
$34,950
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$26,475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,049,999
$13,000
Ontario total
$17,475

Toronto’s municipal tax uses the same brackets at this price, so it adds another $17,475.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • Beverley SchoolToronto DSBPublic · grades JK–8—200 m
  • Orde Street Public SchoolToronto DSBPublic · grades JK–882%Grade 6 average400 m
  • St Michael's Choir (Jr) SchoolToronto CDSBCatholic · grades 1–8 · French Immersion99%Grade 6 average1.3 km
  • École élémentaire Pierre-Elliott-TrudeauConseil scolaire ViamondeFrench-language public · grades JK–694%Grade 6 average1.7 km

SecondaryGrade 9 math 2024–25

  • Heydon Park Secondary SchoolToronto DSBPublic · grades 9–128%Grade 9 math50 m
  • Subway Academy IIToronto DSBPublic · grades 9–12—200 m
  • St Joseph's College SchoolToronto CDSBCatholic · grades 9–1266%Grade 9 math1.1 km
  • Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–1286%Grade 9 math1.6 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$1,049,999

A month, all in

$5,590

  • Mortgage$4,791
  • Property tax$799

A planning figure, not a quote.

Land transfer tax

$34,950

$26,475 for first-time buyers; Toronto adds its own tax.

Community

Who lives around it

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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