108 Moberly Avenue Toronto, Ontario M4C 4B1

$1,999,999

Two fully self-contained homes on one lot-a rare, strategic offering in the heart of Danforth Mosaic. This exceptional property pairs an updated 1910 main house (3+2 bedrooms) with a 2022-built 3-bedroom laneway home, blending heritage character with modern efficiency and multiple flexible income streams. Each residence operates independently with separate hydro and private outdoor spaces, ideal for long- or short-term rental, multi-generational living, co-ownership, or an owner-occupier looking to offset costs. The laneway home has performed well on limited short-term leases, while the main house offers further upside under Toronto's revised zoning permitting a 4-plex; plans are included to reconfigure the main house into two self-contained units with a new basement entrance (see Investor Prospectus). The main house fronts onto Moberly and spans three character-filled levels with high ceilings, hardwood floors, gas fireplace, and an eat-in kitchen with stainless appliances, gas range, mudroom, powder room, and walkout to a landscaped garden with large shed. Upstairs are three bedrooms, including a bay-window primary with rooftop deck and rear sunroom. The finished lower level adds a rec room, den, bedroom, laundry, and suite potential. Tucked beyond the garden, the laneway home offers three bedrooms, radiant in-floor heating on the main level, open-concept living, smart-home features, a private tree-canopied yard, and double-width gated parking for two (and a Narnia door that joins the to lots discretely). Moments to family-friendly East Lynn Park, Gledhill JPS and Monarch Park CI, steps to Woodbine subway, and the cafés, shops, and energy of the Danforth-a versatile, high-performing urban asset offering income today and long-term appreciation tomorrow. New price makes it hard to ignore. (id:61852)

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https://www.realtor.ca/real-estate/29110481/108-moberly-avenue-toronto-woodbine-corridor-woodbine-corridor