151 Ascot Avenue, Toronto W03, ON
Description
Property Highlights
Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Corso Italia-Davenport. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,519,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 36 x 120 ft lot
- Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with ["central air"] central cooling and highly efficient forced air heating via gas
Get the early jump on your spring build project with a rare, near-ready opportunity in a prime urban pocket. A 36 x 120 ft lot with severance approaching final completion for two 18 x 120 ft lot, unlocking the path for serious density and long-term value creation. *Plans for two fourplexes plus a laneway suite for each unit delivers five rentable units per lot and a powerful multi-unit footprint once the process is finalized.* The existing dwelling remains in clean, livable, and in rentable condition, offering immediate holding income while you prepare for the next phase. A scale of opportunity rarely available in this pocket. A strategic buy with rare multi-unit opportunity nearing the finish line and ready for its next chapter, the groundwork is already laid fora custom builder or investor looking to maximize density and appreciation. *Property currently provides strong rental income with a cap rate of 4.5-4.7% which unheard of on a redevelopment lot with efficient drawings ready to go! Property consists of 3 units plus garage with Approximately $6,912.50, per month with tenants paying their proportionate share of utilities, providing options to keep these very efficient drawings and build now or in a few years as market sets to rebound.*
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Data-driven valuation for 151 Ascot Avenue, Toronto W03, ON M6E 1G5
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