$2,695,000
103 Malvern Ave
MLS®#:E8078414
- 5-2
- 4
$2,695,000
Listed by: RE/MAX HALLMARK REALTY LTD.
Let's Paint A Picture Of How 103 Malvern Is The Perfect Family Compound. There Are So Many Articles In The News About Multi-generational Living Options To Combat The Higher Prices In The City. This House Is The One That Offers A Complete Set Of Solutions. The Main House - There Are 3 Completely Separate Units Self-contained With Private Entrances & Outdoor Space. A Condo Like The Main Floor Space Would Cost $850k+. 3 Bedroom Spaces Like The 2nd And 3rd Floor Start At $1.2m. The Basement Suite Would Bring In Extra Income Of $2400 Or Would Be Perfect For The Younger Members Of The Family To Get A Solid Start In The City. Behind The Main House Is A City Approved For A 1700 Sqft Garden Suite That Would Rival Most Homes On The Street. This Is Not Potential But Approved. Land Value Is $1m+ For Gdn Suite. Finally The Parking. Most Multi-generational Options Have Limited Parking. This Lot Includes A Bonus Strip Of Land Extending South Off The Back Of The Lot. Enough Room For 4 Parking Spots.
Community East End-danforth
City Toronto
Postal Code M4E 3E6
MLS® Number E8078414
Days On Market
Status Available
Purchase Type For Sale
Listing Type
Cross Street Main / Gerrard
Interior
Beds 5-2
Baths 4
Air Conditioning Central Air
Basement Apartment
Fireplace No
Laundry Level Main
Heating Forced Air
Exterior
Parking Spaces 4
Garage Type None
Driveway Rt-Of-Way
Lot Size 25.33 x 140.00
Lot Front 25.33
Style 3-storey
Exterior Brick/Stone
Additional Information
Taxes $6,243
Tax Year 2023
Water Source Municipal
Special Designation Unknown
Septic/Sewer Sewers
Appox Age 51-99
Energy Certification No
Fronting On E
Extras Approved plans to build a 1700 sqft - 3 bed, 2.5 bath garden suite with loft. Utilities pre run to rear of property. Orphaned lane owned to accommodate 4 additional parking spaces in addition to garden suite. Vacant Occupancy Guaranteed.
Hold Over 90
