322 Cosburn Avenue, East York, Toronto
New Listing

322 Cosburn Avenue

East York, Toronto

322 Cosburn Avenue

East York, Toronto

$1,249,000

Bedroom icon2 Bed
Bathroom icon1 Bath
Squarefootage icon700 sqft

About this Detached

Approved COA severance for two 2000sf 4bdrm 3 story semi's, each bedroom with it's own ensuite plus basement apartment and very rare approved front pad parking. Heavy lifting is done, can apply for building permit, see attached plans. Great basement income/intergenerational living (adult kids, seniors) for end user or excellent rental income location for multiplex investor. Potential for up to 4 units per semi as of right, no committee of adjustment necessary. Property will qualify for MLI Select financing, which can potentially finance up to 95% loan to cost at excellent interest rates on 50yr amortization (allowing investor to recoup all or most of their investment upon completion with positive cash flow) Property was updated a few years ago and is currently rented. Some images are conceptual renderings only for illustration purposes of potential future semi's. Wide 35 ft frontage. Excellent school district, close to subway station and 24hr bus line, shopping, downtown and highway. Purchaser to satisfy zoning by-laws and approvals to their own satisfaction.

Listed by REAL ESTATE HOMEWARD.

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.

Browse Photos

Features

  • MLS®: E12450024
  • Type: Detached
  • Bedrooms: 2
  • Bathrooms: 1
  • Square Feet: 700 sqft
  • Lot Size: 3,500 sqft
  • Frontage: 35.00 ft
  • Depth: 100.00 ft
  • Taxes: $4,299 (2025)
  • Parking: 2 Detached
  • Basement: Development Potential, Partially Finished
  • Style: Bungalow

Contact me now to see this property in person!

416.960.9995