Toronto, Briar Hill-Belgravia, M6E 4J9
$869,900
Listed by SUTTON GROUP-ADMIRAL REALTY INC..
Detached bungalow ready to be built or renovated. unique opportunity to create a multiplex 3-4 units or build a large detached home. Located on an extra large corner lot 30x125 feet lot. There are 2 extra wide driveways for this home, one to access the large 2 car detached garage and the other from the front of the house. This provides a unique opportunity to build an Additional Dwelling unit (ADU) or Garden suite with it's own private access from Schell Ave. Corner units are perfect for garden suites/ ADUs. Build, top-up, renovate, endless possibilities. This solid brick home in a highly sought-after Toronto neighborhood is an easy reno into a 2 unit income property as it is already divided into 2 rental units. With a spacious backyard, a large garage, and parking for 4 vehicles, its the ideal setup for attracting tenants or customizing for increased returns. The hot water tank and gas furnace are just 2 years old while central A/C was installed 1-year-ago, offering modern efficiency. The home currently has 2 Bedrooms on the main floor, a second floor loft bedroom accessible by a ladder, and 1 additional kitchen/ living and bedroom in the basement apartment.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.