151 ASCOT AVENUE — Toronto (Corso Italia-Davenport), Ontario

Get the early jump on your spring build project with a rare, near-ready opportunity in a prime urban pocket. A 36 120 ft lot with severance approaching final completion for two 18 120 ft lot, unlocking the path for serious density and long-term value creation. Plans for two fourplexes plus a laneway suite for each unit delivers five rentable units per lot and a powerful multi-unit footprint once the process is finalized. The existing dwelling remains in clean, livable, and in rentable condition, offering immediate holding income while you prepare for the next phase. A scale of opportunity rarely available in this pocket. A strategic buy with rare multi-unit opportunity nearing the finish line and ready for its next chapter, the groundwork is already laid fora custom builder or investor looking to maximize density and appreciation. Property currently provides strong rental income, leasing 3units plus garage consisting of Approximately $6,912.50, per month with tenants paying their proportionate share of utilities, providing options to keep these very efficient drawings and build now or in a few years as market sets to rebound. (id:63357)