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$1,899,900

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6 Beds

4 Baths

Price Dropped by $48K

163 Delaware AVE Toronto C01, ON M6H 2T2

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Kenneth Yim

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

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Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Palmerston-Little Italy

MLS Listing ID C12111889

Style 3-Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $8,734

Tax Year 2024

Property Sub-Type Semi-Detached

Lot Depth 155.42

Lot Front 26.0

Property Description

Rare Investment Gem in Coveted "Little Italy"! Seize this unparalleled opportunity in the highly sought-after "Little Italy" neighbourhood. Ideal for investors, renovators, and end-users alike, this property presents a lucrative chance to own a piece of prime real estate. The expansive 26' X 155' lot comes with a rare private driveway that leads to an oversized 2-car block garage, offering excellent potential for a future garden suite. As evidence of the feasibility, a garden suite is currently under construction in the adjacent semi-detached property. This stunning 3-storey residence is a dream come true for those in search of a distinctive home or investment. The original 4/5-bedroom Victorian mini mansion was previously configured as a 2-family home (please refer to the attached original floor plan; the current seller has made functional modifications). It can be effortlessly converted back into a single-family dwelling or maintained as a 2-family home, providing remarkable flexibility to suit various needs. The seller has invested over $150K in comprehensive renovations, both visible and invisible. The entire 3-storey property features new flooring and a fresh paint, while a newly constructed deck (2024) and a newly roof (2024) enhance its appeal and value. Location is key, and this property excels in that regard. Just a short 2-minute stroll from the Ossington subway station, it offers unparalleled convenience for commuting and accessing all the amenities the city has to offer. All existing appliances, fixtures, windows, and window coverings are in "as-is" condition. Don't let this Exceptional opportunity slip through your fingers.

Location

Province ON

County Toronto

Community Palmerston-Little Italy

Area Toronto

Rooms

Family Room Yes

Basement Partially Finished, Separate Entrance

Kitchen 1

Separate Den/Office 1

Interior

Interior Features Other

Heating Yes

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 2.0

Pool None

Roof Type Shingles

Lot Frontage 26.0

Lot Depth 155.42

Total Parking Spaces 5

Building

Lot Description Irregular Lot

Unit Features Library,Park,Public Transit,Rec./Commun.Centre,School

Foundation Concrete Block

Listed by BAY STREET GROUP INC.

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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