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    For Sale - 22 Birchlea Avenue, Toronto, Ontario

    Est payment $8,163/mo
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    Time on Jump  1 days

    AI Summary *

    • Rare opportunity with a permit-ready multiplex plan in Long Branch.
    • Spacious 50 x 130 ft property with approved plans for a fourplex.
    • Existing brick bungalow allows living, renting, or holding until construction.
    • Great location near Lake Ontario, parks, shopping, and transit options.
    • No City development charges enhance financial appeal and potential returns.




    Rare permit-ready multiplex opportunity in prime long branch! An exceptional 50 x 130 ft property offering outstanding scale, approvals and flexibility. Permits are issued to construct a three-storey fourplex, with approved drawings featuring over 6,000 sq. Ft., 10 ft ceilings in the lower and upper levels, skylights, two three-bedroom upper 2 story units and two one-bedroom-plus-den lower units and two garage. The property also offers potential for an additional dwelling (5th) at the rear, further expanding its income-producing possibilities and long-term value. This is a shovel-ready opportunity. The required planning, architectural and permit work is complete, allowing the next owner to move directly toward construction without the delays, added costs and uncertainty of starting the approval process from scratch. With the project de-risked at the planning and approval stage, it may also be well positioned for multiplex construction financing, subject to lender approval and buyer qualifications. No city development charges and no hst further strengthen the financial appeal and potential returns. Until construction begins, the existing well-maintained brick bungalow provides flexibility to live in, rent out or hold. Ideally located on a quiet residential street south of lake shore blvd. In one of toronto's most desirable waterfront communities, minutes from lake ontario, marie curtis park, waterfront trails, yacht clubs, parks, schools, shopping and restaurants. Convenient access to long branch go station, ttc, major highways, the upcoming ontario line with a direct connection to downtown toronto and future lrt service adds exceptional connectivity. Opportunities combining a large lot, existing home, approved multiplex plans and permits are increasingly difficult to find. Build a substantial multi-unit project, create a strong income-producing asset and secure a valuable piece of long branch.
    Listing IDW13750810
    Address22 Birchlea Avenue
    CityToronto, Ontario
    Price$1,699,990
    Bed / Bath3 / 2 Full
    StyleBungalow, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Carpet Free, Primary Bedroom - Main Floor, Sump PumpOutdoor Features PorchAmenities Fenced Yard, Lake/Pond, Marina, Park, Public Transit, SchoolOwnership FreeholdViews ClearBasement Walk-Up, Finished, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  RED HOUSE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    22 Birchlea Avenue
    Toronto , Ontario
    3 2 $1,699,990
    Get more info