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
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Fronting On
N
Property Features
Grnbelt/Conserv, Hospital, Park, Public Transit
Waterfront
None
Special Designations
Unknown
Lot
37.56 x 155.57 ft
Lot Irregularities
irr. pie shaped, rear 66.63'
Acreage
<.50
Sewers
None
Utilities-Hydro
A
Utilities-Gas
A
Utilities-Cable
A
Utilities-Telephone
A
Water
None
Zoning
RD
Seller Property Info Statement
N
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