22 Birchlea Avenue Toronto, Ontario M8W 1E9

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

Detached Garage
Garage

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 Dimensions
Lower Level Living Room 4.39 m x 3.39 m
Lower Level Kitchen 3.59 m x 3.16 m
Lower Level Bedroom 3.52 m x 2.71 m
Lower Level Laundry Room 2.74 m x 2.03 m
Main Level Living Room 3.96 m x 3.48 m
Main Level Kitchen 3.65 m x 2.74 m
Main Level Bedroom 3.36 m x 3.17 m
Main Level Bedroom 2 3.02 m x 2.92 m

Utilities

Electricity Installed

https://www.realtor.ca/real-estate/30241954/22-birchlea-avenue-toronto-long-branch-long-branch

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