47 RANLEIGH AVENUE Active Save Request In-Person Tour Request Virtual Tour
Toronto (lawrence Park North),ON M4N1X2
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $1,141
Subdivision Lawrence Park North
MLS Listing ID C12459638
Bedrooms 8
Property Description
47 Ranleigh Avenue presents a fully approved redevelopment 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 redevelopment. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Interior
Cooling Central air conditioning
Flooring Carpeted,Tile,Hardwood
Exterior
Parking Features Yes
View Y/N No
Building
Story 3
Sewer Sanitary sewer