Building Lot Near Lake Ontario
$1,088,888
Listing Details
Subtype: Residential
Sale type: Ideal for both investors and owner-users
Lot Size: 7,950 Sq Ft
Current improvements:
Single family dwelling with detached garage
Description
Attention builders, developers and investors! Don't miss the opportunity to own a 53' x 150' building lot south of Lawrence Ave and Kingston Rd within walking distance to Lake Ontario and a few minutes away from the University of Toronto Scarborough campus by car! The lot has an existing 2-bedroom, 2-bathroom bungalow with a detached garage with plenty of parking space and no sidewalk, and may accommodate a new custom home of up to 5000 square feet of above-grade floor area, with the potential for a swimming pool of up to 900 square feet and a pool house of up to 400 square feet. Buy now and collect rent from either new tenants or existing tenants that are willing to stay, and apply for a building permit when the time is right. Owner can be hired to provide professional design, engineering and construction services if required.
Location & nearby
This listing is located in Toronto, ON M1E
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