Two fully independent homes for the price of one - a rare, high-efficiency acquisition delivering immediate income, operational flexibility, and replacement costs that would be difficult to match through new construction - in the heart of Danforth Mosaic. This unique property pairs an updated 1910 main house (3+2 bedrooms) with a fully detached 2022-built 3-bedroom laneway residence, creating multiple revenue streams on a single lot with clear tenant separation. Each home has its own hydro, private outdoor space, and distinct access, ideal for long- or short-term rental, co-ownership, or an owner-operator seeking close oversight while offsetting carrying costs. The laneway home has demonstrated strong performance on limited short-term leases, while the main house offers substantial value-add potential under Toronto's revised zoning permitting a 4-plex; plans are included to convert the main house into two self-contained units with a new basement entrance (see Investor Prospectus). The main residence spans three character-rich levels with high ceilings, hardwood floors, gas fireplace, eat-in kitchen with stainless appliances and gas range, mudroom, powder room, and walkout to a landscaped garden with large shed. Upper levels include three bedrooms, a bay-window primary with rooftop deck and rear sunroom, and a finished lower level with rec room, den, bedroom, laundry, and suite potential. Beyond the garden, the laneway home offers three bedrooms, radiant in-floor heating, open-concept living, smart-home features, a private tree-canopied yard, and double-width gated parking for two (plus a discreet connecting "Narnia" door). Steps to Woodbine subway, East Lynn Park, strong schools, and Danforth retail, this is a scarce opportunity to secure a scalable, high-performing urban asset with income today and long-term upside.
Address
108 Moberly Avenue
List Price
$1,950,000
MLS® Status
New
Expiration Date
2026-08-12
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Toronto E02
Sub-Area
Woodbine Corridor
Region
Toronto
Bathrooms
5
Lot Size Source
MPAC
Lot Depth
100
Lot Shape
Irregular
Lot Type
Building
Lot Irregularities
See Schedule D, L-shaped
Lot Size Units
Feet
Lot Width
17.75
Parcel Number
210280208
Total Building Area
3598
Occupant Type
Owner
Cross Street
Moberly Ave and Danforth Ave
Approx. Age
0 - 5 Years
MLS® Number
E12879280
Listing Brokerage
BOSLEY REAL ESTATE LTD.
Basement
Yes
Postal Code
M4C 4B1
Posession Details
Vacant and Owner
Tax Amount
$8,679.46
Tax Year
2025
Property Management Company
Self
Site Influences
Recreation/Community Centre, Subways
Community Features
Recreation/Community Centre, Subways
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Radiant
Cooling Features
Yes
UFFI
No
Garage Type
None
Tax Legal Description
PT LT 247-249 PL 461E TORONTO AS IN CA542779, see sched D