378 Cleveland ST new Save Request In-Person Tour Request Virtual Tour
Toronto C10,ON M4S 2W9
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Mount Pleasant East
MLS Listing ID C12107249
Style 3-Storey
Bedrooms 7
Building Age New
Annual Tax Amount $6,881
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Builders, contractors or investors this one is calling out for you! The property is currently a bungalow sold in As Is condition. The Committee of Adjustment approved upto a six (6) unit development site in Midtown Toronto. Minutes to the new LRT line on Eglinton and to the shops on Mount Pleasant Rd & Bayview Ave. You can build a four-plex plus a laneway house, or up to a six unit building and see your investment grow over the years! The property is also fully permitted to build a large custom single-family home with over 3000 SF over 3 floors (plus lower level) with a detached garage. This property is located in the much sought after Maurice Cody School Jr PS and Hodgson Middle School district. There are currently 3 mth-to-mth tenants paying $1100/mth each + utilities and as of May 1st there will remain 2 tenants for $2200/mth each + utilities. Tenants can stay until Buyer is ready to start development or go with proper notice. Basement is now vacant, prior tenant paid $1800 + utilities. Note: Size, Number of Rooms, Bedrooms and Bathrooms are detailed here as per multi-residential builder's site plans attached to this listing. It is the responsibility of the Buyer and/or Buyer's Representative to conduct proper due diligence re: builder's site plans & CoA approvals, etc. with Contempo Studio, Architects. Contact available upon request.
Location
Province ON
County Toronto
Community Mount Pleasant East
Area Toronto
Rooms
Family Room No
Kitchen 6
Interior
Cooling Central Air
Exterior
Parking Features Mutual
Garage Spaces 1.0
Pool None
Roof Type Unknown
Building
Foundation Unknown