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Marie-Eve Perras

marie-eve.perras@exprealty.com +1(604) 799-2515

$ 1,899,000

Est. payment | -/mo

9 Beds

8 Baths

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$ 1,899,000

Est. payment | -/mo

Save Virtual Tour

9 Beds

8 Baths

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Subdivision Newtonbrook West

MLS® Listing ID C14142132

Bedrooms 9

Half Baths 1

Property Sub-Type Freehold

Property Description

Absolutely Must See! Exceptional Fantastic Investment Opportunity! Premium 50 Ft Corner Lot Featuring An Upgraded Bungalow with A Separate Walk-Out Basement Apartment Plus A New Stylish Masterfully Built "Garden Suite" Based On Energy Efficient Design, Offering 3 Separate Living Units With Outstanding Income Potential& Variety Of Uses! Thoughtfully Designed& Expertly Crafted With High-End Finishes, Modern Features, and Advanced Engineering& Technology! This Unique Property Presents An Ideal Opportunity For Investors, Multi-Generational Families, Or Buyers Seeking Multiple Income Streams. The Newly Masterfully Built Garden Suite In 3Levels (3X645 = 1935 Sq.Ft ) >> * Main Floor with Living Rm, Dining Rm, Kitchen, Bedrm, 2-Pc Powder Rm& 4-Pc Ensuite! * 2nd Floor with Living Rm, Kitchen, 2 Bedrms, 2 x 3-Pc Ensuite! * Bright & Sunny Heated Floor Basement with Living Rm, Dining Rm, Kitchen& A Bedrm! All of Them Has Their Own Laundry Machine! These Configuration Includes Main Basement Apartments& 3 Garden suites Creates Excellent Potential For Rental Income& Enhances The Property's Revenue Opportunities. Beyond Its Immediate Income Potential, This Strategic Corner Bungalow Also Present an Exciting Future Redevelopment Opportunity, With Potential To Explore Multi-Unit Residential Construction Under The City Of Toronto's MLI Select Financing Program, Subject To Applicable Zoning, Planning Approvals, Building Requirements, and CMHC Eligibility.** An Outstanding Opportunity To Generate Income Today & During the Construction of Main Bungalow in the Future. A Rare Offering Combining Immediate Income Potential, Versatility& Future Development Possibilities! The New Garden Suite Represents A Significant Investment, With Construction Costs Exceeding $700,000! Uniquely Designed & Built With Independent Utility Connections, Offering A Significant Advantage For Future Redevelopment!Buyer To Verify with City Ideas For Potential Future Multi-Unit Redevelopment Attached to Photo Galler (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Second level 3.38 m X 2.53 m Living room

Extra Room 2 Second level 3.93 m X 2.54 m Kitchen

Extra Room 3 Second level 3.24 m X 2.61 m Bedroom

Extra Room 4 Second level 2.74 m X 2.61 m Bedroom

Extra Room 5 Basement 4.34 m X 2.65 m Living room

Extra Room 6 Basement 2.39 m X 2.11 m Dining room

Interior

Heating Forced air, Heat Pump,

Cooling Central air conditioning

Flooring Hardwood, Laminate, Carpeted

Exterior

Parking Features No

Fence Fenced yard

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Sewer Sanitary sewer

Others

Ownership Freehold

Virtual Tour https://client.thehomesphere.ca/property/edit/271898501/music

Listed by RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(604) 799-2515

marie-eve.perras@exprealty.com

340 PATRICIA AVENUE Toronto, ON M2R2M7

Marie-Eve Perras

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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340 PATRICIA AVENUE