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. (id:61852)
| MLS® Number | C12459638 |
| Property Type | Multi-family |
| Neigbourhood | Don Valley West |
| Community Name | Lawrence Park North |
| AmenitiesNearBy | Park, Schools |
| Features | Flat Site |
| ParkingSpaceTotal | 10 |
| BathroomTotal | 3 |
| BedroomsAboveGround | 6 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 8 |
| Appliances | Alarm System, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FlooringType | Carpeted, Tile, Hardwood |
| FoundationType | Unknown |
| StoriesTotal | 3 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| LandAmenities | Park, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 191 Ft |
| SizeFrontage | 34 Ft |
| SizeIrregular | 34 X 191 Ft |
| SizeTotalText | 34 X 191 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 2 | 2.81 m | 4.04 m | 2.81 m x 4.04 m |
| Second Level | Living Room | 4.18 m | 5.16 m | 4.18 m x 5.16 m |
| Second Level | Dining Room | 3.67 m | 3.74 m | 3.67 m x 3.74 m |
| Second Level | Kitchen | 2.75 m | 4.85 m | 2.75 m x 4.85 m |
| Second Level | Primary Bedroom | 3.62 m | 4.18 m | 3.62 m x 4.18 m |
| Lower Level | Living Room | 4.13 m | 4.24 m | 4.13 m x 4.24 m |
| Lower Level | Dining Room | 3.67 m | 3.74 m | 3.67 m x 3.74 m |
| Main Level | Living Room | 4.14 m | 5.19 m | 4.14 m x 5.19 m |
| Main Level | Dining Room | 3.68 m | 2.64 m | 3.68 m x 2.64 m |
| Main Level | Kitchen | 2.74 m | 4.79 m | 2.74 m x 4.79 m |
| Main Level | Primary Bedroom | 3.67 m | 4.17 m | 3.67 m x 4.17 m |
| Main Level | Bedroom 2 | 2.75 m | 4 m | 2.75 m x 4 m |
| Electricity | Installed |
| Sewer | Installed |
Contact us for more information
John Qureshi
Broker
Stephanie Franzem
Broker