322 Cosburn Avenue

Toronto, East York

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.

This detached home located at 322 Cosburn Avenue, Toronto E03, ON M4J 2M9 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$1M. It has 2 beds, 1 bathrooms, and is 700-1100 square feet. The property is N/A years old. 322 Cosburn Avenue, Toronto E03, ON M4J 2M9 is in Toronto neighborhood East York.