
Toronto E02, ON M4L 3C3
Seller has provided the following update regarding the development status of the property. The municipal approval process was initiated over a year ago and has successfully progressed through the rigorous stages of city review, community guidelines compliance, and engineering checks. The application is now entering the final stage of approval. The submitted plans outline a highly optimized multi-generational or income-generating layout, featuring a spacious 2,900-square-foot of finished area of the main residence (4 bedrooms / 3.5 bathrooms) alongside a detached 1,200-square-foot Garden Suite (2-3 bedrooms). While the verbal approval of the main residence has been obtained, however the approval of the garden suite is in final stage of its approval that is expected to be granted sooner. This design maximizes the property's density.
TRREB MLS® Attribution
MLS® E13159100
Listed by DISCOVER REAL ESTATE INC.
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
$5,855
/month · $959,200 mortgage
Amortization
Total Interest
$797,263
Total Cost
$1,756,463
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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DISCOVER REAL ESTATE INC.