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About the Listing 083900 -
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.
Listing Highlights for 322 Cosburn Ave
Status
Active
Days on Site
28
Property Type
Residential
MLS ®
E12450024
Year Built
Total Square Footage
700
Lot/Acreage
3500
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Development Potential,Partially Finished
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
- Parking Features: Available,Detached
Financial Details
- Tax Amount: $4,299
- Taxes w/Assessments: N/A
- Tax/Property ID: 104080330
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Years
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Listing Location
Questions About..
322 Cosburn Ave Toronto, ON M4J 2M9
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