
Toronto E03, ON M4J 2Z4
Unlock the potential of this detached urban home with laneway garage-an exceptional opportunity for renovation, multigenerational living, or income-generating use in the heart of the Pape & Danforth neighbourhood. Situated on a 20 x 123 ft lot, the property features a highly desirable two-car garage with laneway access from both the rear lane and direct access to Gertrude Place-an increasingly rare configuration offering strong potential for future intensification, including the possibility of a laneway suite (Lanescape report available; subject to municipal approvals). Preliminary feasibility analysis from Laneway Housing Advisors, indicates potential to convert the existing dwelling into a multi-unit residential property, with options for 2-6 units, as well as the opportunity for additional density through a laneway suite (subject to municipal approvals). The property may also qualify under Toronto's expanding multiplex framework, supporting increased residential use and flexibility for end-users, investors, or builders. Estimated buildable area and configuration options are available upon request. Offering 3 bedrooms, approximately 9-ft ceilings, and potential for a separate basement entrance, this home provides outstanding flexibility for end-users, investors, and renovators looking to add value and customize their space. Enjoy a highly walkable, transit-oriented location just steps to Pape Station on the Bloor-Danforth subway line and the future Ontario Line, with easy access to a vibrant mix of restaurants, cafés, shops, parks, and local amenities. A compelling opportunity to enter a sought-after east-end neighbourhood with long-term upside. Property sold "as is, where is." Offers welcome anytime.
TRREB MLS® Attribution
MLS® E12951718
Listed by ROYAL LEPAGE SIGNATURE REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$7,027
/month · $1,151,200 mortgage
Amortization
Total Interest
$956,848
Total Cost
$2,108,048
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE SIGNATURE REALTY