Discover an exceptional opportunity in the sought-after neighbourhood of Queensway Terrace North. Located at 2626 Elmhurst Street, this unique package includes two properties . Together, they create a remarkably flexible and expansive redevelopment site featuring a beautifully treed lot that adds natural privacy and long-term appeal. With a combined frontage of 172.31 feet and versatile zoning, this property welcomes a wide range of possibilities. Whether you're planning a multi-unit development, custom infill project, or strategic land-banking for long-term growth, this site offers the scale and flexibility developers are looking for. The property currently features a 5-bedroom, 3-bath side-split, being sold as is, where is, with no representations or warranties. While the home requires work, it offers the potential for holding income while you plan your next move. Located in a high-demand area, this property is steps to Frank Ryan Park, very near to Lincoln Fields' new transitway station, and close to major shopping hubs like Bayshore and Carlingwood. Quick access to both the 417 and the Kichi Zb Mkan Parkway adds unmatched convenience for future residents. With a neighbourhood experiencing steady growth and strong buyer demand, this is a unique opportunity to build, invest, or hold. Opportunities of this scale don't come to market often.