RAVI PATEL
Sales Representative
Achievers Realty, Brokerage, Brokerage
Independently owned and operated.
1620 Albion Road, Unit#202, Etobicoke, Ontario M9V 4B4
Cell: 647-389-1227Office: 905-497-6701Fax: 905-497-6700
$1,499,999
Available - For Sale
Listing ID: W13682280
48 Sixteenth Street , Toronto, M8V 3J8, Toronto
| A rare 50 x 100 ft parcel in South Etobicoke, approved by the Committee of Adjustment to sever into two building lots, with a solid, income-producing bungalow already on the property. Owner occupied - no tenants. The opportunity is what makes this property so unique. Minor variance approvals are in place for two single-family detached homes, each with an attached garage and rear deck. Each lot is approved for a 1,902 sq ft home - 3,804 sq ft total above grade, plus finished basements and attached garages. The approved 0.78 FSI provides approximately 30% more house than the 0.60 base zoning allowance on each lot. The approved homes feature 3 bedrooms + 1 bedroom in the lower level (3+1) and 3.5 bathrooms. The second floor includes a primary bedroom with walk-in closet and ensuite, plus two additional bedrooms sharing a 4-piece bathroom. The main floor includes a powder room, while the lower level provides a fourth bedroom with a guest bathroom. A complete pre-development package is included, meaning much of the hard work is already done. The package includes issued-for-permit architectural drawings, structural engineering, HVAC design, survey, R-Plan, arborist report and tree permit, Stage 1-2 archaeological assessment, and 3D photorealistic renderings. Just minutes' walk to the lake and steps to Humber College, the waterfront and bike trails, with easy access to public transit and the Gardiner. Live in the existing bungalow, generate income, or build two new homes - the approvals and pre-development work are already in place. **Rendering Drawings to show example, some photos are virtually staged ** |
| Price | $1,499,999 |
| Taxes: | $4596.20 |
| Occupancy: | Owner |
| Address: | 48 Sixteenth Street , Toronto, M8V 3J8, Toronto |
| Directions/Cross Streets: | Kipling & Lakeshore |
| Rooms: | 6 |
| Rooms +: | 2 |
| Bedrooms: | 2 |
| Bedrooms +: | 2 |
| Family Room: | T |
| Basement: | Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 12.82 | 11.45 | |
| Room 2 | Main | Living Ro | 15.65 | 13.91 | |
| Room 3 | Main | Primary B | 18.66 | 10.92 | |
| Room 4 | Main | Bedroom 2 | 12.46 | 9.09 | |
| Room 5 | Basement | Kitchen | 14.07 | 11.32 | |
| Room 6 | Basement | Bedroom 3 | 12.07 | 11.32 | |
| Room 7 | Basement | Bedroom 4 | 11.28 | 9.38 | |
| Room 8 | Basement | Laundry | 22.96 | 11.71 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 3 | Basement |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | Bungalow |
| Exterior: | Stucco (Plaster) |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Other Structures: | Shed |
| Approximatly Square Footage: | 700-1100 |
| Property Features: | Fenced Yard, Golf |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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RAVI PATEL
Sales Representative
Dir:
647-389-1227
Bus:
905-497-6701
Fax:
905-497-6700
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Toronto |
| Municipality: | Toronto W06 |
| Neighbourhood: | New Toronto |
| Style: | Bungalow |
| Tax: | $4,596.2 |
| Beds: | 2+2 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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