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. Must be purchased with 70A Dunstall. Taxes not assessed yet (id:47423)
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Detailed Information
Lot
37 x 155 ft
Amenities Nearby
Hospital, Park, Public Transit
Features
Conservation/green belt
Listing Contract Date
2024-08-02
Location Description
Lawrence Ave E & Beechgrove
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
RD
Building
Utilities
Type
Description
Cable
Available
Sewer
Available
Land
Total Size
37.56 x 155.57 FT ; irr. pie shaped, rear 66.63' | under 1/2 acre
Amenities
Hospital, Park, Public Transit
Size of Irregular Land
37.56 x 155.57 FT ; irr. pie shaped, rear 66.63'
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