48 Annette St Toronto, Ontario M6P 1N4
$1,899,000
Opportunity knocks to build a Legacy Asset on Annette! Approvals in place to build 10 units with an additional 683SF retail storefront in excellent High Park North / Junction location! High visibility detached corner lot with private drive. Calling all builders, contractors and investors, here's an incredible opportunity to add a huge amount of value while skipping the lengthy rezoning and committee process. A higher density has been approved for the property. Located close to two subway stations, ttc, great schools, restaurants, cafes and parks! Speak to L.A. as this project potentially qualifies for a very low rate CMHC construction loan. Here's your chance to create a brand new, mixed-use Legacy Asset Investment property with 10 bachelors and 1 storefront. Potential for $20,000+ monthly income. Won't Last!**** EXTRAS **** Property sold ""as-is and where-is"" Seller and Listing Brokerage make no representations or warranties regarding the property, financing, future rents or use. Buyer to perform own due diligence (id:50810)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | W6175004 |
| Property Type | Multi-family |
| Community Name | Junction Area |
Building
| Heating Type | Baseboard Heaters |
| Size Interior | 2669 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | 18 X 83.27 Ft |
| Size Total Text | 18 X 83.27 Ft |
https://www.realtor.ca/real-estate/25732897/48-annette-st-toronto-junction-area
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June 19 2023 08:25:55
Toronto Real Estate Board
Harvey Kalles Real Estate Ltd.