322 COSBURN AVENUE, Toronto (East York)

2025-10-07
 

Quick Summary

Location
322 COSBURN AVENUE, Toronto (East York), Ontario M4J2M9
Price
$1,099,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
700 - 1100 sqft
Bedrooms:
2
Bathrooms:
1

MLS®#E12450024

Property Description

Approved COA severance for two 2000sf 4bdrm 3 story semi's, each bedroom with it's own ensuite plus basement apartment and very rare approved front pad parking. Heavy lifting is done, can apply for building permit, see attached plans. Great basement income/intergenerational living (adult kids, seniors) for end user or excellent rental income location for multiplex investor. Potential for up to 4 units per semi as of right, no committee of adjustment necessary. Property will qualify for MLI Select financing, which can potentially finance up to 95% loan to cost at excellent interest rates on 50yr amortization (allowing investor to recoup all or most of their investment upon completion with positive cash flow) Property was updated a few years ago and is currently rented. Some images are conceptual renderings only for illustration purposes of potential future semi's. Wide 35 ft frontage. Excellent school district, close to subway station and 24hr bus line, shopping, downtown and highway. Purchaser to satisfy zoning by-laws and approvals to their own satisfaction. (id:32467)

Property Features

Building

  • Architectural Style: Bungalow
  • Basement Development: Partially finished
  • Basement Type: N/A (Partially finished)
  • Construction Style: Detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 700 - 1100 sqft
  • Building Type: House
  • Stories: 1
  • Utility Water: Municipal water

Land

  • Land Size: 35 x 100 FT
  • Sewer: Sanitary sewer

Ownership

  • Type: Freehold

Information entered by REAL ESTATE HOMEWARD
Listing information last updated on: 2025-11-22 20:37:19


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