REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 1,549,900

Est. payment | -/mo

6 Beds

3 Baths

Save

$ 1,549,900

Est. payment | -/mo

Save

6 Beds

3 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto W03

Subdivision Corso Italia-Davenport

MLS Listing ID W12799232

Style 2-Storey

Bedrooms 6

Annual Tax Amount $5,980

Tax Year 2025

Property Sub-Type Detached

Property Description

Get the early jump on your spring build project with a rare, near-ready opportunity in a prime urban pocket. A 36 x 120 ft lot with severance approaching final completion for two 18 x 120 ft lot, unlocking the path for serious density and long-term value creation. *Plans for two fourplexes plus a laneway suite for each unit delivers five rentable units per lot and a powerful multi-unit footprint once the process is finalized.* The existing dwelling remains in clean, livable, and in rentable condition, offering immediate holding income while you prepare for the next phase. A scale of opportunity rarely available in this pocket. A strategic buy with rare multi-unit opportunity nearing the finish line and ready for its next chapter, the groundwork is already laid fora custom builder or investor looking to maximize density and appreciation. *Property currently provides strong rental income with a cap rate of 4.5-4.7% which unheard of on a redevelopment lot with efficient drawings ready to go! Property consists of 3 units plus garage with Approximately $6,912.50, per month with tenants paying their proportionate share of utilities, providing options to keep these very efficient drawings and build now or in a few years as market sets to rebound.*

Location

Province ON

County Toronto

Community Toronto W03

Area Toronto

Rooms

Family Room No

Basement Finished

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Other

Cooling Central Air

Inclusions All Appliances, All Window Covers, All Electrical Light Fixtures.

Exterior

Parking Features Private

Garage Spaces 3.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 36.0

Lot Depth 120.0

Total Parking Spaces 9

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by RE/MAX WEST REALTY INC.

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

Learn More About LPT Realty

151 Ascot AVE Toronto W03, ON M6E 1G5