Approved COA severance for two 2000 sf 4bdrm 3 story semi's, each bedroom with it's own ensuite plus a basement apartment and VERY rare approved front PAD parking. Heavy lifting is done, can apply for building permit, see attached plans. Great investment for income/intergenerational living (adult kids, seniors) for end user, excellent transit options for multiplex investor. Potential for up to 4 units per semi as of right..total of 8 units as of right, no COA. Property will qualify for MLI Select, potential of up to 95% financing with preferred rates and up to 50yr amortization. Property was updated a few years ago and currently rented. Some images are conceptual renderings only for illustration purposes of potential future semi's. Wide 35ft lot, excellent schools, close to subway and 24hr bus line, shopping, downtown and highway. Purchaser to satisfy zoning & building by-laws and approvals to their own satisfaction.
Address
322 Cosburn Avenue
List Price
$1,099,000
MLS® Status
New
Expiration Date
2026-05-31
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Toronto E03
Sub-Area
East York
Region
Toronto
Bedrooms
2
Bedrooms (Total)
2
Rooms Above Grade
5
Bathrooms
1
Floor Area
700-1100 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
100
Lot Shape
Rectangular
Lot Size Units
Feet
Lot Width
35
Parcel Number
104080330
Parcel of Tied Land
No
Occupant Type
Tenant
Cross Street
Cosburn & Greenwood
Approx. Age
51 - 99 Years
MLS® Number
E12774930
Listing Brokerage
REAL ESTATE HOMEWARD
Basement Area
Partial Basement
Postal Code
M4J 2M9
Posession Details
Tenanted Until July 31
Parking
Private
Parking Places (Total)
2
Parking Spaces
2
Tax Amount
$4,298.00
Tax Year
2025
Site Influences
Public Transit
Interior Features
Water Heater
Property Features
Public Transit
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
North
Fireplace
No
Foundation Details
Block, Concrete
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
Plan 2979 Pt Lot 46
Waterfront
No
Sewer
Sewer