
Toronto W08, ON M8Z 5G2
Property can be tenanted on closing to hold with cashflow. Exceptional investment and redevelopment opportunity in the heart of Etobicoke, with potential for land assembly allowing for larger-scale future development. This strategically located property offers strong medium-density redevelopment potential, with preliminary indications supporting up to six storeys (buyer to verify). Over $300,000 has been invested in extensive recent renovations, providing an ideal turnkey asset for investors, end-users, or those seeking interim rental income while pursuing future development plans. The property features high 9-12 ft cathedral ceilings, a modernized kitchen, and three upgraded washrooms, combining functionality with quality finishes. Significant capital improvements include a new sewer line (2024), upgraded 200-amp electrical service, and copper plumbing throughout. The expansive newly paved driveway accommodates 10+ vehicles and is enhanced by a detached garage and secure gated access, offering excellent utility for commercial or mixed-use applications. Positioned in a highly accessible location near Kipling Station, Sherway Gardens, and major GTA highways, this property presents a rare opportunity to acquire a well-maintained asset with immediate usability and substantial long-term redevelopment potential.
TRREB MLS® Attribution
MLS® W13113140
Listed by Royal Lepage Real Estate Associates
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
$7,325
/month · $1,200,000 mortgage
Amortization
Total Interest
$997,409
Total Cost
$2,197,409
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
Royal Lepage Real Estate Associates