2424 Bayview Avenue, Toronto, ON M2L 1A3
Toronto C12
**LIVE / INVEST / DEVELOP** - A rare development play in Canada's most prestigious neighbourhood, offering immediate ROI and significant future upside. This beautiful 3+2 Bedroom ranch-style bungalow w/Finished Walk up Bsmt, features a recently refreshed exterior and a well-maintained, updated interior, making it equally suited for comfortable living or as an income-producing rental.Situated along the Bayview Ave. corridor and within an area identified under Toronto's Avenues framework, the real value lies in its redevelopment potential. Six-storey development precedent has already been established along the corridor, with strong potential for additional height and density, subject to planning considerations and municipal approvals.Set on one of the largest lots along the Bayview/Arjay strip, this property combines immediate residential or rental value with compelling redevelopment potential and long-term growth-all in one exceptional offering.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 2424 Bayview Avenue, Toronto, ON M2L 1A3
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# C13662094
Listed by ENGEL & VOLKERS TORONTO CENTRAL
On market since Aug 11, 2026






What comparable homes actually sold for in the last 12 months.






2424 Bayview Avenue, Toronto, ON M2L 1A3 is listed for $3,198,888 CAD.
2424 Bayview Avenue, Toronto, ON M2L 1A3 is a Land, 2,000 sq ft.
2424 Bayview Avenue, Toronto, ON M2L 1A3 is in Toronto C12, Ontario.
2424 Bayview Avenue, Toronto, ON M2L 1A3 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 2424 Bayview Avenue, Toronto, ON M2L 1A3 (MLS# C13662094). You can also send a message through the contact form on this site.