$3,937,850

Listing currency: CA$5,500,000

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47 Ranleigh Avenue Toronto, Canada

47 Ranleigh Avenue presents a fully approved re-development opportunity in the heart of one of Toronto's most established and transit-connected neighbourhoods. With City Council-approved zoning in place, this south-facing rare 34' x 191' foot lot is ready for the construction of a modern four-storey, 16-unit multiplex residential building. The proposed development aligns with Toronto's urban intensification strategy and includes sustainable site design with storm water management, thoughtfully planned landscaping and 13 bicycle parking spaces-supporting a transit-oriented, car-free lifestyle. Architectural drawings and renderings are available for review, and the approved plans provide a clear path forward for developer's seeking a turnkey in fill project in a high-demand area. While re-development plans move forward, the property continues to generate income through three self-contained rental units within a detached two-storey duplex and basement suite. The main and second floors each feature 3 bedrooms, a living room, dining room, eat-in kitchen, and 4-piece bathroom. The lower-level unit includes 2 bedrooms, a combined living and dining area, a full kitchen and large windows providing natural light. Additional features include three separate hydro meters, a fire alarm system, shared laundry with storage, a private driveway and a detached 3-car garage with ample surface parking. Located just steps from T.T.C., Yonge Street, and Bedford Park School, this property offers both short-term income and long-term value through approved re-development.

Amenities

  • Bedrooms: 8
  • Full Bathrooms: 3
  • Partial Bathrooms: 0
  • Property Type: Single Family
  • Home size: 0 ft2 / 0.00 m2
  • MLS: C12403973
  • Web ID: HR3QYK
  • Status: Active

Property brokered by

Harvey Kalles Real Estate

(416) 441-2888

Get more listing details on brokerage site

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