647-268-5511
50
$1,899,000 Sale
Listed 4 hours ago
340 PATRICIA AVENUE
· 3+6
· 7.5
· 6
· 1100 - 1500
Key Facts
Key facts for 340 PATRICIA AVENUE
Property Type
House
Parking
Garage: No, 6 parking
MLS #
C14142132
Size
1100 - 1500 sqft
Basement
Finished, N/A (Finished), N/A
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Absolutely Must See! Exceptional Fantastic Investment Opportunity! Premium 50 Ft Corner Lot Featuring An Upgraded Bungalow with A Separate Walk-Out Basement Apartment Plus A New Stylish Masterfully Built "Garden Suite" Based On Energy Efficient Design, Offering 3 Separate Living Units With Outstandi...ng Income Potential& Variety Of Uses! Thoughtfully Designed& Expertly Crafted With High-End Finishes, Modern Features, and Advanced Engineering& Technology! This Unique Property Presents An Ideal Opportunity For Investors, Multi-Generational Families, Or Buyers Seeking Multiple Income Streams. The Newly Masterfully Built Garden Suite In 3Levels (3X645 = 1935 Sq.Ft ) >> * Main Floor with Living Rm, Dining Rm, Kitchen, Bedrm, 2-Pc Powder Rm& 4-Pc Ensuite! * 2nd Floor with Living Rm, Kitchen, 2 Bedrms, 2 x 3-Pc Ensuite! * Bright & Sunny Heated Floor Basement with Living Rm, Dining Rm, Kitchen& A Bedrm! All of Them Has Their Own Laundry Machine! These Configuration Includes Main Basement Apartments& 3 Garden suites Creates Excellent Potential For Rental Income& Enhances The Property's Revenue Opportunities. Beyond Its Immediate Income Potential, This Strategic Corner Bungalow Also Present an Exciting Future Redevelopment Opportunity, With Potential To Explore Multi-Unit Residential Construction Under The City Of Toronto's MLI Select Financing Program, Subject To Applicable Zoning, Planning Approvals, Building Requirements, and CMHC Eligibility.** An Outstanding Opportunity To Generate Income Today & During the Construction of Main Bungalow in the Future. A Rare Offering Combining Immediate Income Potential, Versatility& Future Development Possibilities! The New Garden Suite Represents A Significant Investment, With Construction Costs Exceeding $700,000! Uniquely Designed & Built With Independent Utility Connections, Offering A Significant Advantage For Future Redevelopment!Buyer To Verify with City Ideas For Potential Future Multi-Unit Redevelopment Attached to Photo Galler (id:10452)
Room Types
Bedroom
-
Dimensions 2.74 m x 2.61 m
76.98 sqft
Bedroom
-
Dimensions 3.24 m x 2.61 m
91.02 sqft
Bedroom
-
Dimensions 9.5 m x 2.45 m
250.53 sqft
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Listing courtesy of: RE/MAX REALTRON BIJAN BARATI REAL ESTATE
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