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$1,449,999
Available - For Sale
Listing ID: W13682280
A rare 50 x 100 ft parcel in South Etobicoke, approved by the Committee of Adjustment to sever into two building lots, with a solid, income-producing bungalow already on the property. Owner occupied - no tenants. The opportunity is what makes this property so unique. Minor variance approvals are in place for two single-family detached homes, each with an attached garage and rear deck. Each lot is approved for a 1,902 sq ft home - 3,804 sq ft total above grade, plus finished basements and attached garages. The approved 0.78 FSI provides approximately 30% more house than the 0.60 base zoning allowance on each lot. The approved homes feature 3 bedrooms + 1 bedroom in the lower level (3+1) and 3.5 bathrooms. The second floor includes a primary bedroom with walk-in closet and ensuite, plus two additional bedrooms sharing a 4-piece bathroom. The main floor includes a powder room, while the lower level provides a fourth bedroom with a guest bathroom. A complete pre-development package is included, meaning much of the hard work is already done. The package includes issued-for-permit architectural drawings, structural engineering, HVAC design, survey, R-Plan, arborist report and tree permit, Stage 1-2 archaeological assessment, and 3D photorealistic renderings. Just minutes' walk to the lake and steps to Humber College, the waterfront and bike trails, with easy access to public transit and the Gardiner. Live in the existing bungalow, generate income, or build two new homes - the approvals and pre-development work are already in place. **Rendering Drawings to show example, some photos are virtually staged **
Price $1,449,999
Taxes: $4,596.2
Occupancy by: Owner
Address: 48 Sixteenth Street , Toronto, M8V 3J8, Toronto
Directions/Cross Streets: Kipling & Lakeshore
Rooms: 6
Rooms +: 2
Bedrooms: 2
Bedrooms +: 2
Washrooms: 2
Family Room: T
Basement: Separate Ent
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 12.82 11.45
Room 2: Main Living Ro 15.65 13.91
Room 3: Main Primary B 18.66 10.92
Room 4: Main Bedroom 2 12.46 9.09
Room 5: Basement Kitchen 14.07 11.32
Room 6: Basement Bedroom 3 12.07 11.32
Room 7: Basement Bedroom 4 11.28 9.38
Room 8: Basement Laundry 22.96 11.71
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Basement
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  3 Basement
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  3 Basement
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  3 Basement
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4 Main
Washroom 22:  3 Basement
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  4 Main
Washroom 27:  3 Basement
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  4 Main
Washroom 32:  3 Basement
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Washroom 36:  4 Main
Washroom 37:  3 Basement
Washroom 38:  0
Washroom 39:  0
Washroom 40:  0
Property Type: Detached
Style: Bungalow
Exterior: Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Other Structures: Shed
Approximatly Square Footage: 700-1100
Property Features: Fenced Yard
Golf
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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48 Sixteenth Street , Toronto, M8V 3J8, Toronto

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Maria Tompson
Sales Representative
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto W06
Neighbourhood: New Toronto
Style: Bungalow
Lot Size: x 100.16(Feet)
Approximate Age:
Tax: $4,596.2
Maintenance Fee: $0
Beds: 2+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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