$985,000

Vacant Land For Sale In Manse Valley, Toronto (West Hill), Ontario

$985,000

Property Information:

Builders & Investors: 5 UNITS!! This pie-shaped lot is 8,115.9 sq ft on a great street in a quiet neighbourhood. Take advantage of 5 yrs of planning work by the Seller. Zoning & variances approved for increased density allows proposed 4 plex& garden suite w. 6,846 sq ft of living space. 4 plex floor plans (att. to listing)show 1-1 bed, 2-2 bed. & 1-3 bed, all with individual entrances, high ceilings & ensuite laundry. Proposed 1,290 sq ft det. garden suite can have 2 bed.. Proposed double garage & 80 ft long driveway gives extra parking, sep. utilities paid by Tenants. The overall design is that of a large house w. multiple units which will generate premium rents. Substantial Dev. Charge credit, reduction & exemptions, see att.. The 5 UNITS will qualify for 100% HST rebate & multi-res. low interest rate CMHC financing with 45 year amortization. Next to 24 hr. Lawrence Ave. bus,8 min. to Rouge Hills Go Station, close to U of T, Centennial College & Centenary Hospital. **** EXTRAS **** No chattels incl.. Sold as is, where is. Exist. house is rentable- see pictures, floor plans, survey & planning docs att.. Rendering is of the 4plex after being constructed. Taxes not assessed yet (id:7525)

Property Features:

  • Property Type: Vacant Land
  • Amenities Nearby: Hospital, Park, Public Transit
  • Features: Conservation/green belt
  • Irregular: Yes
  • Lot Depth: 158.3 Feet
  • Lot Frontage: 37.5 Feet
  • Lot Size: 37.56 x 158.39 FT ; irr. pie shaped, rear 66.63'
  • Utility Type: Cable - Available, Sewer - Available

Courtesy of: Royal LePage Connect Realty

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