103 Malvern Ave (Main / Gerrard)
Price: $2,695,000
Status: For Sale
MLS®#: E8078414
- Tax: $6,242.99 (2023)
- Community:East End-Danforth
- City:Toronto
- Type:Residential
- Style:Detached (3-Storey)
- Beds:5+2
- Bath:4
- Basement:Apartment (Sep Entrance)
- Age:51-99 Years Old
Features:
- ExteriorBrick, Stone
- HeatingForced Air, Gas
- Sewer/Water SystemsPublic, Sewers, Municipal
- Lot FeaturesHospital, Library, Park, Place Of Worship, Public Transit, School
Listing Contracted With: RE/MAX HALLMARK REALTY LTD.
Description
Let's paint a picture of how 103 Malvern is the perfect family compound. There are so many articles in the news about multi-generational living options to combat the higher prices in the city. This house is the one that offers a complete set of solutions. The main house - there are 3 completely separate units self-contained with private entrances & outdoor space. A condo like the main floor space would cost $850k+. 3 bedroom spaces like the 2nd and 3rd floor start at $1.2M. The basement suite would bring in extra income of $2400 OR would be perfect for the younger members of the family to get a solid start in the city. Behind the main house is a city approved for a 1700 sqft garden suite that would rival most homes on the street. This is NOT potential BUT approved. Land value is $1M+ for gdn suite. Finally the parking. Most multi-generational options have limited parking. This lot includes a bonus strip of land extending south off the back of the lot. Enough room for 4 parking spots.
Highlights
Approved plans to build a 1700 sqft - 3 bed, 2.5 bath garden suite with loft. Utilities pre run to rear of property. Orphaned lane owned to accommodate 4 additional parking spaces in addition to garden suite. Vacant Occupancy Guaranteed.
Want to learn more about 103 Malvern Ave (Main / Gerrard)?
ALI HONARMAND Sales Representative
CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE
Proudly Serving GTA (Halton, Peel, Durham, York And Toronto) Since 2011
- (647) 309-1928
- (416) 494-5955
- (416) 494-4977
Rooms
Real Estate Websites by Web4Realty
https://web4realty.com/