See all 11 photos
$1,749,000
Est. payment /mo
7 Beds
7 Baths
New
378 Cleveland ST Toronto C10, ON M4S 2W9
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Mount Pleasant East
MLS Listing ID C12107249
Style 3-Storey
Bedrooms 7
Building Age New
Annual Tax Amount $6,881
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Builders, contractors or investors this one is calling out for you! The property is currently a bungalow sold in As Is condition. The Committee of Adjustment approved upto a six (6) unit development site in Midtown Toronto. Minutes to the new LRT line on Eglinton and to the shops on Mount Pleasant Rd & Bayview Ave. You can build a four-plex plus a laneway house, or up to a six unit building and see your investment grow over the years! The property is also fully permitted to build a large custom single-family home with over 3000 SF over 3 floors (plus lower level) with a detached garage. This property is located in the much sought after Maurice Cody School Jr PS and Hodgson Middle School district. There are currently 3 mth-to-mth tenants paying $1100/mth each + utilities and as of May 1st there will remain 2 tenants for $2200/mth each + utilities. Tenants can stay until Buyer is ready to start development or go with proper notice. Basement is now vacant, prior tenant paid $1800 + utilities. Note: Size, Number of Rooms, Bedrooms and Bathrooms are detailed here as per multi-residential builder's site plans attached to this listing. It is the responsibility of the Buyer and/or Buyer's Representative to conduct proper due diligence re: builder's site plans & CoA approvals, etc. with Contempo Studio, Architects. Contact available upon request.
Location
Province ON
County Toronto
Community Mount Pleasant East
Area Toronto
Rooms
Family Room No
Basement Apartment, Separate Entrance
Kitchen 6
Separate Den/Office 2
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Mutual
Garage Spaces 1.0
Pool None
Roof Type Unknown
Lot Frontage 25.0
Lot Depth 120.0
Total Parking Spaces 1
Building
Unit Features Library,Park,Place Of Worship,Public Transit,School
Foundation Unknown
Others
Security Features None
Listed by BOSLEY REAL ESTATE LTD.