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1122 Islington Avenue Toronto, Ontario M8Z 4S2

4 Bedroom 2 Bathroom
Radiant Heat

$3,799,000

This exciting development opportunity in the desirable area of Etobicoke currently has an application to build 7 townhouses, with a total buildable gross floor area of 14,863 square feet. Site plan approval for this 7-townhouse proposal is estimated to be completed in the Fall of 2024. If you're looking for a larger project, consider the potential for a 6-storey, up to 60-unit mid-rise building, by right, under the City of Toronto's ""Major Streets"" Zoning By-Law Amendment initiative. This 67.48 ft by 131.43 corner is situated between luxury townhouse developments by Plaza to the North and Dunpar South. Developers have been taking notice of the demand for high-end homes in this pocket for decades. The top-notch location offers easy access to all the amenities, including numerous parks, transit options, schools, shopping centers, and restaurants. The 1557 sq ft detached home is currently used as a short-term rental, which could provide income while applying for building permits. Transit is at the front door with a short trip to the Bloor Subway line and it's just minutes to the Gardiner. Directly to the South of the site is the Islington Parkette, which will provide additional privacy between the proposed properties and the Dunpar development. The area provides a perfect mix of urban convenience and suburban charm. **** EXTRAS **** Do not walk the lot without appointment, the property is used for short term rental. (id:41954)

Property Details

MLS® Number W9006672
Property Type Vacant Land
Community Name Islington-City Centre West
Parking Space Total 7

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Basement Features Separate Entrance
Basement Type Full
Exterior Finish Stucco, Vinyl Siding
Heating Type Radiant Heat
Stories Total 2
Utility Water Municipal Water

Parking

Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Irregular 67.48 X 131.43 Ft ; Corner Lot
Size Total Text 67.48 X 131.43 Ft ; Corner Lot|under 1/2 Acre

Rooms

Level Type Dimensions
Upper Level Bedroom 2 Measurements not available
Upper Level Bedroom 3 Measurements not available
Ground Level Library Measurements not available
Ground Level Dining Room Measurements not available
Ground Level Kitchen Measurements not available
Ground Level Bedroom 4 Measurements not available
In Between Primary Bedroom Measurements not available

Utilities

Cable Installed
Sewer Installed

https://www.realtor.ca/real-estate/27114276/1122-islington-avenue-toronto-islington-city-centre-west

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