$989,000
MLS# E12949028
10
Bedrooms卧室
4
Bathrooms卫浴
2,500-3,000
Sq Ft平方尺
4
Parking停车位
Malvern Collegiate Institute 9.73/10Safety 7.95/10 — East End-Danforth

About This Property房源介绍

Stop dreaming and start digging. This is a rare, fully vetted development opportunity at the corner of Gerrard and Hannaford, where the "heavy lifting" of the Committee of Adjustment is already complete. Approved for a sleek, legal four-plex (3 x 2-bed/den and 1 x 1-bed) designed by ArtHaus Developments, this site is primed for a building permit application.The 150-foot deep corner lot offers a significant advantage: while current approvals do not include auxiliary buildings, the site's dimensions are tailor-made for a substantial laneway house-adding a potential fifth stream of income to this high-demand residential pocket. Secure Cash Flow While You Plan: The property currently generates $3,200/month plus utilities from exceptional tenants (lease ends Aug 31, 2026), providing a stable carry while you finalize permits and trades. All architectural plans, COA approvals, and design files paid for by the Seller are included. This is a turnkey transition for an investor looking to hit the ground running in the East End. Showing Policy: To respect the privacy of the excellent tenants, appointments to tour the interior of the home will be arranged only upon an accepted conditional offer. Please book an appointment online to walk the lot/exterior.

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