322 Cosburn Avenue, Toronto E03, ON
Description
Property Highlights
Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of East York. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,099,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 35 x 100 ft lot
- Features a ["partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater
- equipped with ["central air"] central cooling and highly efficient forced air heating via gas
Approved COA severance for two 2000 sf 4bdrm 3 story semi's, each bedroom with it's own ensuite plus a basement apartment and VERY rare approved front PAD parking. Heavy lifting is done, can apply for building permit, see attached plans. Great investment for income/intergenerational living (adult kids, seniors) for end user, excellent transit options for multiplex investor. Potential for up to 4 units per semi as of right..total of 8 units as of right, no COA. Property will qualify for MLI Select, potential of up to 95% financing with preferred rates and up to 50yr amortization. Property was updated a few years ago and currently rented. Some images are conceptual renderings only for illustration purposes of potential future semi's. Wide 35ft lot, excellent schools, close to subway and 24hr bus line, shopping, downtown and highway. Purchaser to satisfy zoning & building by-laws and approvals to their own satisfaction.
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Data-driven valuation for 322 Cosburn Avenue, Toronto E03, ON M4J 2M9
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