96 Wesley Street, Toronto, ON M8Y 2W7

$1,499,999
6
BD
3
BA
3,000
SqFt
List Price
$1,499,999
MLS#
W13520766
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
2-Storey
Bedrooms
6
Bathrooms
3
Living Area
3000-3500
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Stonegate-Queensway
Subdivision
The Queensway/Royal York

Property Description

Attention investors, builders, and developers - an exceptional opportunity at 96 Wesley Street in the highly sought-after Stonegate-Queensway community. This 3,072 sq ft triplex sits on a lot that has been subdivided into two 25 x 125 ft parcels, with approvals in place for the construction of two detached homes. Development permits have been approved and are ready, with permit fees remaining to be paid. Architectural drawings for both detached dwellings are available.The existing property features three spacious self-contained units, offering a total of 5 bedrooms, 3 kitchens, and 3 full 4-piece bathrooms, providing immediate rental income while you plan your next project.With parking for up to 8 vehicles, including a private driveway and 2-car garage, this property offers strong holding potential and exceptional long-term value. Both subdivided lots must be sold together.Ideally situated with convenient access to the Gardiner Expressway and public transit, and just a short walk to Grand Avenue Park and Queensway Park. Surrounded by top-rated schools, local shops, restaurants, and everyday amenities, this is a rare development opportunity in one of Toronto's most established and desirable west-end neighbourhoods.Seller prefers this property to be sold together with 100 Wesley Street (MLS W13520460).

Additional Information

Taxes
$8,852
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Kitchens
3
Exterior
Brick
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
8

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX EXPERTS.