322 Cosburn Ave

For Sale New 6 hours
$1,249,000
2 beds
1 baths

322 Cosburn Ave

For Sale New 6 hours
$1,249,000
2 beds
1 baths

Highlights

Key insights

Description

Approved COA severance for two 2000sf 4bdrm 3 story semi's, each bedroom with it's own ensuite plus basement apartment and very rare approved front pad parking. Heavy lifting is done, can apply for building permit, see attached plans. Great basement income/intergenerational living (adult kids, seniors) for end user or excellent rental income location for multiplex investor. Potential for up to 4 units per semi as of right, no committee of adjustment necessary. Property will qualify for MLI Select financing, which can potentially finance up to 95% loan to cost at excellent interest rates on 50yr amortization (allowing investor to recoup all or most of their investment upon completion with positive cash flow) Property was updated a few years ago and is currently rented. Some images are conceptual renderings only for illustration purposes of potential future semi's. Wide 35 ft frontage. Excellent school district, close to subway station and 24hr bus line, shopping, downtown and highway. Purchaser to satisfy zoning by-laws and approvals to their own satisfaction. (id:63267)

MATTHEW ALEXANDER DAC BANG of REAL ESTATE HOMEWARD,
#E12450024
updated 6 hours ago.
Houseful checked MLS® for data 6 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    1
  • # parking spaces
    2
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    1
  • # total bathrooms
    1.0
  • # of above grade bedrooms
    2
Location
  • Subdivision
    East york
Overview
  • Lot size (acres)
    0.0
  • Listing #
    E12450024
  • Property sub type
    Single family residence
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28962276/322-cosburn-avenue-toronto-east-york-east-york
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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