3 Bedroom
2 Bathroom
700 - 1,100 sqft
Bungalow
Central Air Conditioning
Forced Air
$1,699,990
RARE PERMIT-READY MULTIPLEX OPPORTUNITY IN PRIME LONG BRANCH! An exceptional 50 x 130 ft property offering outstanding scale, approvals and flexibility. Permits are issued to construct a three-storey fourplex, with approved drawings featuring over 6,000 sq. ft., 10 ft ceilings in the lower and upper levels, skylights, two three-bedroom upper 2 story units and two one-bedroom-plus-den lower units and two garage. The property also offers potential for an additional dwelling (5th) at the rear, further expanding its income-producing possibilities and long-term value. This is a shovel-ready opportunity. The required planning, architectural and permit work is complete, allowing the next owner to move directly toward construction without the delays, added costs and uncertainty of starting the approval process from scratch. With the project de-risked at the planning and approval stage, it may also be well positioned for multiplex construction financing, subject to lender approval and buyer qualifications. No City development charges and no HST further strengthen the financial appeal and potential returns. Until construction begins, the existing well-maintained brick bungalow provides flexibility to live in, rent out or hold. Ideally located on a quiet residential street south of Lake Shore Blvd. in one of Toronto's most desirable waterfront communities, minutes from Lake Ontario, Marie Curtis Park, waterfront trails, yacht clubs, parks, schools, shopping and restaurants. Convenient access to Long Branch GO Station, TTC, major highways, the upcoming Ontario Line with a direct connection to Downtown Toronto and future LRT service adds exceptional connectivity. Opportunities combining a large lot, existing home, approved multiplex plans and permits are increasingly difficult to find. Build a substantial multi-unit project, create a strong income-producing asset and secure a valuable piece of Long Branch. (id:50787)
Property Details
|
MLS® Number
|
W13750810 |
|
Property Type
|
Single Family |
|
Community Name
|
Long Branch |
|
Amenities Near By
|
Marina, Park, Public Transit, Schools |
|
Equipment Type
|
Water Heater |
|
Features
|
Carpet Free, Sump Pump |
|
Parking Space Total
|
6 |
|
Rental Equipment Type
|
Water Heater |
|
Structure
|
Porch |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
2 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
3 |
|
Age
|
100+ Years |
|
Appliances
|
Stove, Window Coverings, Refrigerator |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Features
|
Walk-up, Separate Entrance |
|
Basement Type
|
N/a, N/a (finished), N/a |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Flooring Type
|
Hardwood, Tile, Laminate, Ceramic |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
700 - 1,100 Sqft |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fenced Yard |
|
Land Amenities
|
Marina, Park, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
130 Ft |
|
Size Frontage
|
50 Ft |
|
Size Irregular
|
50 X 130 Ft ; 130.19 Ft X 50.06 Ft X 130.18 X 50.06 |
|
Size Total Text
|
50 X 130 Ft ; 130.19 Ft X 50.06 Ft X 130.18 X 50.06|under 1/2 Acre |
|
Surface Water
|
Lake/pond |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Lower Level |
Living Room |
4.39 m |
3.39 m |
4.39 m x 3.39 m |
|
Lower Level |
Kitchen |
3.59 m |
3.16 m |
3.59 m x 3.16 m |
|
Lower Level |
Bedroom |
3.52 m |
2.71 m |
3.52 m x 2.71 m |
|
Lower Level |
Laundry Room |
2.74 m |
2.03 m |
2.74 m x 2.03 m |
|
Main Level |
Living Room |
3.96 m |
3.48 m |
3.96 m x 3.48 m |
|
Main Level |
Kitchen |
3.65 m |
2.74 m |
3.65 m x 2.74 m |
|
Main Level |
Bedroom |
3.36 m |
3.17 m |
3.36 m x 3.17 m |
|
Main Level |
Bedroom 2 |
3.02 m |
2.92 m |
3.02 m x 2.92 m |
Utilities
https://www.realtor.ca/real-estate/30241954/22-birchlea-avenue-toronto-long-branch-long-branch