5 Beds 7 Bath

378 Cleveland Street, Toronto, ON M4S 2W9

Toronto C10 M4S 2W9 Ontario

MLS: C12107249

$1,749,000

Added 11 days ago | For Sale

Listed by: BOSLEY REAL ESTATE LTD.

About Property

Builders, contractors or investors this one is calling out for you! The property is currently a bungalow sold in As Is condition. The Committee of Adjustment approved upto a six (6) unit development site in Midtown Toronto. Minutes to the new LRT line on Eglinton and to the shops on Mount Pleasant Rd & Bayview Ave. You can build a four-plex plus a laneway house, or up to a six unit building and see your investment grow over the years! The property is also fully permitted to build a large custom single-family home with over 3000 SF over 3 floors (plus lower level) with a detached garage. This property is located in the much sought after Maurice Cody School Jr PS and Hodgson Middle School district. There are currently 3 mth-to-mth tenants paying $1100/mth each + utilities and as of May 1st there will remain 2 tenants for $2200/mth each + utilities. Tenants can stay until Buyer is ready to start development or go with proper notice. Basement is now vacant, prior tenant paid $1800 + utilities. Note: Size, Number of Rooms, Bedrooms and Bathrooms are detailed here as per multi-residential builder's site plans attached to this listing. It is the responsibility of the Buyer and/or Buyer's Representative to conduct proper due diligence re: builder's site plans & CoA approvals, etc. with Contempo Studio, Architects. Contact available upon request.

Features

  • House Style:Detached
  • Bathrooms:7
  • Land Size: 25 X 120
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Btwn Soudan & Eglinton
  • Basement:Apartment,Separate Entrance , Apartment,Separate Entrance
  • Possession Date:60/90 DAYS TBA
  • Annual Property taxes: $6881.08
  • Bedrooms:5 +2
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:C12107249

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