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    For Sale - 454 Donlands Avenue, Toronto, Ontario

    Est payment $7,179/mo
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    Time on Jump  9 day




    This meticulously maintained 2-storey multiplex offers a flexible layout of separate self-contained living spaces across three levels, each with its own kitchen and entrance access - ideal for investors, multi-generational families, or owner-occupiers looking to offset their mortgage with rental income. With 3+ bedrooms, 8 washrooms, and roughly 3,200 sq ft of total living space, this well-built 2001 home was designed for flexible & income-generating use. The main and second floors feature bright, spacious principal rooms, generous closets, a walk-out balcony from the primary bedroom, and a walk-out to a covered front porch, while the lower level offers a separate entrance and two additional bedrooms - perfect for extended family living or as a rented unit. Currently partially tenanted, the property offers immediate holding income with room to lease additional space, giving buyers flexibility to configure the property to suit their own plans. Set on a generous 39. 5 x 106. 5 ft lot, the property includes a detached 1. 5-car garage with potential for additional parking income. Forced air gas heat, central air conditioning, municipal water and sewers, & an owned water heater round out the mechanicals. The property is currently zoned residential detached (rd) and fronts donlands ave, a city-identified major street; under toronto's current major streets zoning by-law, qualifying rd-zoned lots on designated major streets may permit small-scale apartment buildings up to six storeys and up to 60 units as-of-right, with significantly reduced parking requirements - a meaningful policy-driven upside for buyers considering redevelopment or intensification, though actual permitted density and unit yield for this specific lot should be independently confirmed with the city and a qualified planner. Steps to donlands subway station on line 2, with the future ontario line's cosburn station (pape & cosburn) currently under construction.
    Listing IDE13563888
    Address454 Donlands Avenue
    CityToronto, Ontario
    Price$1,495,000
    Bed / Bath3 / 8 Full
    Style2-Storey, Multiplex
    ConstructionStucco (Plaster)
    Land Size3498.27
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Water Heater, OtherOwnership FreeholdBasement Separate EntranceFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 1.50
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    Listing Agency:  RE/MAX REALTRON REALTY INC.

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    454 Donlands Avenue
    Toronto , Ontario
    3 8 $1,495,000
    Get more info