73 Hocken Avenue, Toronto, ON
Wychwood, Toronto · MLS® C13457548
About this home
Location. Opportunity. Execution.Welcome to 73 Hocken Avenue - a rare, fully prepped, shovel-ready development opportunity in the heart of Wychwood, one of Toronto's most desirable and community-focused neighbourhoods.Set on a quiet, tree-lined street, this property is being offered with approved plans and permits already in place, eliminating months of design, approvals, and carrying costs - allowing you to move forward immediately with confidence and certainty.Two exceptional development pathways:Build a thoughtfully designed 3-unit multi-residential property featuring a functional mix of a 1+1 bedroom, 2-bedroom, and 3-bedroom layout - ideal for generating strong rental income, multi-generational living, or long-term investment in a high-demand location.Or create a stunning ~3,300 sq.ft. 3-storey custom detached home with 4 bedrooms, 5 bathrooms, 10' ceilings, expansive principal rooms, and multiple outdoor spaces. The design also allows for the potential addition of a 2-car garage with laneway suite, offering flexibility for extended family, guest use, or additional income potential.This rare offering provides true versatility for builders, investors, and end-users alike - whether your goal is to build and sell, build and hold, or create a fully customized dream home, the groundwork has already been completed.Enjoy the best of Wychwood living - steps to Wychwood Barns, parks, top-rated schools, cafes, restaurants, transit, Loblaws, and everyday amenities, all while being minutes to the downtown core.Property being sold in "as is, where is" condition.Rarely does a property come to market with this level of preparation, flexibility, and upside - build immediately and capitalize on the opportunity. *Property is SOLD AS IS*
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13457548
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 1
- Size
- 1100-1500
- Lot
- 20 × 119.16 ft
- Cross streets
- Bathurst Street & St Clair Ave
- Parking
- 2 parking
- Driveway
- Lane
- Basement
- Unfinished
- Heating
- Water
- A/C
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,995 / 2025
- Days on market
- 30
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Listed at $1,245,500, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Wychwood, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.26M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.90M
- Bathrooms −$15K
- Adjusts to $1.88M
That comparable adjusts to $1.88M; the $1.23M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is Oakwood Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. St Clair Ave West at Wychwood Ave East Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.23M, median of 5 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Worth verifying
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 1% below the area average of $968/sqft.
29 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Wychwood, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: St Clair Ave West at Wychwood Ave East Side, about 183 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $996,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,317
- Property tax
- $500
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,817
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,385
- Toronto municipal land transfer tax
- $21,385
- Estimated closing costs
- $42,770
Plus your down payment of $249,100. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $319,030
- Principal paid down
- $126,892
- Interest paid
- $192,138
- Balance remaining
- $869,508
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.