47 RANLEIGH AVENUE new

Toronto (lawrence Park North),ON M4N1X2

$ 5500000

8 Beds

3 Baths

3500 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $1,571

Subdivision Lawrence Park North

MLS Listing ID C12403973

Bedrooms 8

Source Toronto Regional Real Estate Board

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 2.81 m X 4.04 m Bedroom 2

Extra Room 2 Second level 4.18 m X 5.16 m Living room

Extra Room 3 Second level 3.67 m X 3.74 m Dining room

Extra Room 4 Second level 2.75 m X 4.85 m Kitchen

Extra Room 5 Second level 3.62 m X 4.18 m Primary Bedroom

Extra Room 6 Lower level 4.13 m X 4.24 m Living room

Interior

Heating Hot water radiator heat

Cooling Central air conditioning

Flooring Carpeted,Tile,Hardwood

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 10

Private Pool No

Building

Story 3

Sewer Sanitary sewer

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