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$1,749,000

Est. payment - /mo

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7 Beds

7 Baths

New

378 Cleveland ST Toronto C10, ON M4S 2W9

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Kenneth Yim

ken@broadviewavenue.ca +1(416) 651-5653

UPDATED:

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

Lot Depth 120.0

Lot Front 25.0

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

Basement Apartment, Separate Entrance

Kitchen 6

Separate Den/Office 2

Interior

Interior Features None

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Mutual

Garage Spaces 1.0

Pool None

Roof Type Unknown

Lot Frontage 25.0

Lot Depth 120.0

Total Parking Spaces 1

Building

Unit Features Library,Park,Place Of Worship,Public Transit,School

Foundation Unknown

Others

Security Features None

Listed by BOSLEY REAL ESTATE LTD.

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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