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Royal LePage
Royal LePage
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$1,099,000

2 Beds

1 Bath

700 - 1100 FEETSQ

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Toronto ON, M4J 2M9

MLS® # E12450024

Property Information:

Approved COA severance for two 2000sf 4bdrm 3 story semi's, each bedroom with it's own ensuite plus basement apartment and very rare approved front pad parking. Heavy lifting is done, can apply for building permit, see attached plans. Great basement income/intergenerational living (adult kids, seniors) for end user or excellent rental income location for multiplex investor. Potential for up to 4 units per semi as of right, no committee of adjustment necessary. Property will qualify for MLI Select financing, which can potentially finance up to 95% loan to cost at excellent interest rates on 50yr amortization (allowing investor to recoup all or most of their investment upon completion with positive cash flow) Property was updated a few years ago and is currently rented. Some images are conceptual renderings only for illustration purposes of potential future semi's. Wide 35 ft frontage. Excellent school district, close to subway station and 24hr bus line, shopping, downtown and highway. Purchaser to satisfy zoning by-laws and approvals to their own satisfaction. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Development: Partially finished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 2
  • Bathrooms: 1
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 35.0 Feet
  • Lot Size: 35 x 100 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 2

Courtesy of: REAL ESTATE HOMEWARD

REALTOR.ca  

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Location of 322 COSBURN AVENUE, Toronto, Ontario, M4J 2M9

Demographic Information of 322 COSBURN AVENUE, Toronto, Ontario, M4J 2M9

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$145,268.80

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.87 %

High school certificate or equivalent

22.74 %

Apprenticeship trade certificate/diploma

3.63 %

College/non-university certificate

16.62 %

University certificate (below bachelor)

2.29 %

University Degree

35.84 %

Commuter

Travel To Work

By Car

60.05 %

By Public Transit

25.78 %

By Walking

5.8 %

By Bicycle

1.04 %

By Other Methods

7.33 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.08 %

Houses

70.92 %

Own Vs. Rent

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