$1,549,900 | Corso Italia-Davenport Toronto House for Sale at 151 Ascot Avenue Toronto

Explore 151 Ascot Avenue, a Desirable Corso Italia-Davenport home for sale for $1,549,900! This Corso Italia-Davenport House for sale in Toronto has been listed on Real-Estate.ca for 50 days under MLS® #W12799232. This home is a 1,500 square foot Single Family House with 6 bedrooms and 3.00 bathrooms. Parking is Detached Garage, No Garage and it has a N/A (Finished) basement. Explore the Toronto real estate market and available Corso Italia-Davenport homes for sale!

Get the early jump on your spring build project with a rare, near-ready opportunity in a prime urban pocket. A 36 x 120 ft lot with severance approaching final completion for two 18 x 120 ft lot, unlocking the path for serious density and long-term value creation. *Plans for two fourplexes plus a laneway suite for each unit delivers five rentable units per lot and a powerful multi-unit footprint once the process is finalized.* The existing dwelling remains in clean, livable, and in rentable condition, offering immediate holding income while you prepare for the next phase. A scale of opportunity rarely available in this pocket. A strategic buy with rare multi-unit opportunity nearing the finish line and ready for its next chapter, the groundwork is already laid fora custom builder or investor looking to maximize density and appreciation. *Property currently provides strong rental income with a cap rate of 4.5-4.7% which unheard of on a redevelopment lot with efficient drawings ready to go! Property consists of 3 units plus garage with Approximately $6,912.50, per month with tenants paying their proportionate share of utilities, providing options to keep these very efficient drawings and build now or in a few years as market sets to rebound.* (id:6289)

Corso Italia-Davenport Map, Demographics, Characteristics