URGENT - MUST CLOSE ON OR BEFORE DECEMBER 31, 2025 - NO EXCEPTIONS. This is an extraordinary, time-sensitive opportunity you do not want to miss. The seller has just delivered a significant price reduction, making this one of the best-value development sites currently available in the city. Unlock the opportunity to build a legal 4-plex with full Committee of Adjustment approval already secured, including five granted variances-saving you years of headaches, tens of thousands in carrying costs and application fees, and all the uncertainty of the approval process. This rare, extra-deep 150-ft lot fronts onto Hannaford Street and includes a coveted 8-car rear parking pad accessed from the street. A true game-changer for any multi-unit project. Development options abound: construct the approved 4-plex, add a laneway suite for even more units/density, redevelop into your dream custom single-family home, or simply hold as a cash-flowing rental property. Enjoy additional privacy and green space thanks to city-owned land directly buffering the lot.Current AAA tenant in place under a 1-year lease running September 1, 2025 - August 31, 2026. Buyers must assume the existing tenancy or make private arrangements with the tenant post-closing. With full approvals in hand, an unbeatable new price, and a hard deadline of December 31, 2025 for closing, this is a once-in-a-market-cycle deal. Act fast-opportunities like this disappear quickly. (id:63879)
| MLS® Number | E12479871 |
| Property Type | Single Family |
| Community Name | East End-Danforth |
| Parking Space Total | 8 |
| Bathroom Total | 1 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | New Building |
| Appliances | Water Heater, Dryer, Stove, Washer, Window Coverings, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Linoleum |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 150 Ft ,6 In |
| Size Frontage | 18 Ft ,8 In |
| Size Irregular | 18.7 X 150.5 Ft |
| Size Total Text | 18.7 X 150.5 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 4.1 m | 2.75 m | 4.1 m x 2.75 m |
| Second Level | Bedroom | 3.85 m | 2.75 m | 3.85 m x 2.75 m |
| Third Level | Bedroom | 2.75 m | 1.8 m | 2.75 m x 1.8 m |
| Basement | Recreational, Games Room | 8.253 m | 5 m | 8.253 m x 5 m |
| Basement | Utility Room | 8.253 m | 5.9 m | 8.253 m x 5.9 m |
| Main Level | Living Room | 8.253 m | 3.65 m | 8.253 m x 3.65 m |
| Main Level | Dining Room | 8.25 m | 3.65 m | 8.25 m x 3.65 m |
| Main Level | Kitchen | 3.6 m | 2.25 m | 3.6 m x 2.25 m |
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