Bedrooms
0
Bathrooms
N/A
Parking
0
Price
$985,000
MLS© ID
E9238309
Approx. Age
N/A
Listed Since
August 2nd, 2024
Exterior
,
Air Conditioning
N/A
Heating
Pool
N/A
Type
Vacant Land
Aprox. sq. footage
N/A
Style
Garage
N/A
Basement
N/A
Fireplace
No
Lot Size
37.56 x 155.57 Feet
Builders & Investors: 5 UNITS!! This pie-shaped lot is 8,105.2 sq ft on a great street in a quiet neighbourhood. Take advantage of 5 yrs of planning work by the Seller. Zoning & variances approved for increased density allows proposed 4 plex & garden suite w. 6,988 sq ft of living space. 4 plex floor plans (att. to listing)show 1-1 bed, 2-2 bed. & 1-3 bed, all with individual entrances, high ceilings & ensuite laundry. Proposed 1,290 sq ft det. garden suite can have 2 bed.. Proposed double garage & 67.9 ft long driveway give extra parking, sep. utilities paid by Tenants. The overall design is that of a large house w. multiple units which will generate premium rents. Substantial Dev. Charge credit, reduction & exemptions, see att.. The 5 UNITS will qualify for 100% HST rebate & multi-res. low interest rate CMHC financing with 45 year amortization. Next to 24 hr. Lawrence Ave. bus, 8 min. to Rouge Hills Go Station, close to U of T, Centennial College & Centenary Hospital.
Extras: No chattels incl.. Sold as is, where is. Exist. house is rentable see pictures, floor plans, survey & planning docs att.. Rendering is of the 4plex after being constructed. Taxes not assessed yet
Type: Vacant Land
Features: Grnbelt/Conserv, Hospital, Park, Public Transit,
Brokerage: ROYAL LEPAGE CONNECT REALTY