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274 Roncesvalles Av
Toronto, ON M6R 2M2
272-274 Roncesvalles Avenue, Toronto · Multifamily Property For Sale
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5 Units
INVESTMENT HIGHLIGHTS
- Two Adjacent Site Assembly
- Holding Income
- Redevelopment potential for purpose-built multi-residential
- Sold with the adjacent Single-family Detached
- Future redevelopment potential
EXECUTIVE SUMMARY
Development opportunity within the heart of Toronto's west Roncesvalles community. A two adjacent lot site located just south of Bloor and Dundas, with over 95 ft of "Major Street" frontage and situated on over 13,000 sq ft of land, makes this property an ideal redevelopment potential for purpose-built multi-residential. Located within Toronto's newly implemented Major Streets initiative, providing an as-of-right intensification, under the new performance standards, for up to 6 storeys and 60 units. This property is an ideal opportunity for any investors/developers looking to acquire a premium site for future development while at the same time benefiting from existing holding income. Currently, the site consists of two residential properties. Legal 4 plex and 2. A single-family detached home. Both properties combined have over 10,000 sq ft of living space with ample outdoor parking, strong financials and partially updated mechanicals and unit upgrades.
PROPERTY FACTS
| Price Per Unit | $1,095,368 USD | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 10,000 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Year Built | 1910 | |
| Zoning | R(d0.6*290) - Residential | ||
| Price Per Unit | $1,095,368 USD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | |
| Lot Size | 0.32 AC |
| Building Size | 10,000 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | R(d0.6*290) - Residential |
AMENITIES
SITE AMENITIES
- Public Transportation
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