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House
·
for sale
$ 1,699,990
New
22 Birchlea Avenue, Toronto, ON, M8W 1E9 house for sale | Listing ID W13750 | Royal LePage
Islington Village
· House
· Parking
Islington Village · House · Parking
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 qual
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 qual
$ 1,699,990