47 Ranleigh Avenue

Toronto, Lawrence Park North

Description

47 Ranleigh Avenue presents a fully approved redevelopment opportunity in the heart of one of Toronto's most established and transit-connected neighbourhoods. With City Council-approved zoning in place, this south-facing rare 34' x 191' foot lot is ready for the construction of a modern four-storey, 16-unit multiplex residential building. The proposed development aligns with Toronto's urban intensification strategy and includes sustainable site design with storm water management, thoughtfully planned landscaping and 13 bicycle parking spaces-supporting a transit-oriented, car-free lifestyle. Architectural drawings and renderings are available for review, and the approved plans provide a clear path forward for developer's seeking a turnkey in fill project in a high-demand area. While re-development plans move forward, the property continues to generate income through three self-contained rental units within a detached two-storey duplex and basement suite. The main and second floors each feature 3 bedrooms, a living room, dining room, eat-in kitchen, and 4-piece bathroom. The lower-level unit includes 2 bedrooms, a combined living and dining area, a full kitchen and large windows providing natural light. Additional features include three separate hydro meters, a fire alarm system, shared laundry with storage, a private driveway and a detached 3-car garage with ample surface parking. Located just steps from T.T.C., Yonge Street, and Bedford Park School, this property offers both short-term income and long-term value through approved redevelopment.

This duplex home located at 47 Ranleigh Avenue, Toronto C04, ON M4N 1X2 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$4M. It has 8 beds, 3 bathrooms, and is 3500-5000 square feet. The property is N/A years old. 47 Ranleigh Avenue, Toronto C04, ON M4N 1X2 is in Toronto neighborhood Lawrence Park North.