ON > Toronto E03 > East York
Toronto E03, ON M4J 2M9,322 Cosburn AVE
Toronto E03, ON M4J 2M9,322 Cosburn AVE
Toronto E03, ON M4J 2M9,322 Cosburn AVE
Toronto E03, ON M4J 2M9,322 Cosburn AVE
Toronto E03, ON M4J 2M9,322 Cosburn AVE
Toronto E03, ON M4J 2M9,322 Cosburn AVE
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Peter Torkan

Peter Torkan

+1(416) 847-5288
$ 1,099,000
Est. payment | /mo

2 Beds

1 Bath

Save
$ 1,099,000
Est. payment | /mo
Save

2 Beds

1 Bath

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Municipality Toronto E03

Subdivision East York

MLS Listing ID E12450024

Style Bungalow

Bedrooms 2

Annual Tax Amount $4,299

Tax Year 2025

Property Sub-Type Detached

Property Description

Approved COA severance for two 2000sf 4bdrm 3 story semi's, each bedroom with it's own ensuite plus basement apartment and very rare approved front pad parking. Heavy lifting is done, can apply for building permit, see attached plans. Great basement income/intergenerational living (adult kids, seniors) for end user or excellent rental income location for multiplex investor. Potential for up to 4 units per semi as of right, no committee of adjustment necessary. Property will qualify for MLI Select financing, which can potentially finance up to 95% loan to cost at excellent interest rates on 50yr amortization (allowing investor to recoup all or most of their investment upon completion with positive cash flow) Property was updated a few years ago and is currently rented. Some images are conceptual renderings only for illustration purposes of potential future semi's. Wide 35 ft frontage. Excellent school district, close to subway station and 24hr bus line, shopping, downtown and highway. Purchaser to satisfy zoning by-laws and approvals to their own satisfaction.

Location

Province ON

County Toronto

Community Toronto E03

Area Toronto

Rooms

Family Room Yes

Basement Development Potential, Partially Finished

Kitchen 1

Interior

Interior Features Other

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Available

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 35.0

Lot Depth 100.0

Total Parking Spaces 2

Building

Foundation Unknown

Others

ParcelsYN No

Listed by REAL ESTATE HOMEWARD
Peter Torkan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 847-5288

peter.torkan@theagencyre.com

378 Fairlawn Ave, York, M5M, 1T8, Canada

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322 Cosburn AVE