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$ 5,500,000
Est. payment /mo
New
47 Ranleigh AVE Toronto C04, ON M4N 1X2
8 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Lawrence Park North
MLS Listing ID C12403973
Style 3-Storey
Bedrooms 8
Annual Tax Amount $10,187
Tax Year 2025
Property Sub-Type Duplex
Property Description
47 Ranleigh Avenue presents a fully approved re-development opportunity in the heart of one of Toronto's most established and transit-connected neighbourhoods. With City Council-approved zoning in place, this south-facing rare 34' x 191' foot lot is ready for the construction of a modern four-storey, 16-unit multiplex residential building. The proposed development aligns with Toronto's urban intensification strategy and includes sustainable site design with storm water management, thoughtfully planned landscaping and 13 bicycle parking spaces-supporting a transit-oriented, car-free lifestyle. Architectural drawings and renderings are available for review, and the approved plans provide a clear path forward for developer's seeking a turnkey in fill project in a high-demand area. While re-development plans move forward, the property continues to generate income through three self-contained rental units within a detached two-storey duplex and basement suite. The main and second floors each feature 3 bedrooms, a living room, dining room, eat-in kitchen, and 4-piece bathroom. The lower-level unit includes 2 bedrooms, a combined living and dining area, a full kitchen and large windows providing natural light. Additional features include three separate hydro meters, a fire alarm system, shared laundry with storage, a private driveway and a detached 3-car garage with ample surface parking. Located just steps from T.T.C., Yonge Street, and Bedford Park School, this property offers both short-term income and long-term value through approved re-development.
Location
Province ON
County Toronto
Community Lawrence Park North
Area Toronto
Rooms
Family Room No
Basement Apartment
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Other
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 3.0
Pool None
Roof Type Flat
Topography Flat
Lot Frontage 34.0
Lot Depth 191.0
Total Parking Spaces 10
Building
Unit Features Park,School
Foundation Unknown
Listed by HARVEY KALLES REAL ESTATE LTD.
