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$999,900
Est. payment /mo
6 Beds
3 Baths
1,500 SqFt
New
9 EAST ROAD Toronto (birchcliffe-cliffside), ON M1N1Z9
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Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Square Footage 1,500 sqft
Price per Sqft $666
Subdivision Birchcliffe-Cliffside
MLS® Listing ID E13720126
Bedrooms 6
Half Baths 1
Property Sub-Type Freehold
Property Description
Attention Investors, Builders & Developers! A once-in-a-lifetime opportunity to acquire a 50' x 100' double lot in the highly sought-after Birch Cliff neighbourhood. This exceptional property offers incredible development potential in an A+ Toronto location. This property had already been approved for two detached homes, providing a clear development path. Explore the potential for two stunning custom-built residences or alternative multi-unit development opportunities, subject to all applicable approvals.With the potential to achieve up to 3 stories, there may be significant opportunity to maximize the site's development potential. Investors and developers can also explore Toronto's Development Charge Reduction Program (DCRP), which may provide substantial savings on applicable development charges, potentially reducing costs by up to 60%, subject to eligibility and current program requirements. Located in one of Toronto's most desirable east-end communities, steps to schools, restaurants, the coveted Toronto Hunt Club, this rare double lot offers an outstanding combination of land, location, flexibility, and upside. The Existing Home Has 4 Bedrooms and a separate basement apartment with 2 bedrooms, currently fully tenanted. With a huge driveway fitting up to 8 cars. Providing a great tool for carrying costs. A rare development opportunity in Birch Cliff that should not be missed! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 8
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold
NEARBY SCHOOL & BUSINESS
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