60 GREENSIDES AVENUE, Toronto (Wychwood)

$1,050,000 · 2 Bed 3 Bath

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About this property

Skip the red tape and break ground at 60 Greensides Avenue. This isn't just a property; it's a fully prepped, development site in the heart of Wychwood-one of Toronto's most coveted, community-centric enclaves.The heavy lifting is done. With community adjustment approvals and plans already in hand, you save months of design fees, municipal approvals, and carrying costs. It's a Luxury Statement: A massive ~3,000 sq. ft. living space, 3-storey custom detached home. Think 9'6" ceilings, 4 bedrooms, 5 bathrooms, and potential for a 2-car garage with a laneway suite.Steps from Wychwood Barns and the city's best cafes, this is a "plug-and-play" opportunity for the savvy developer.Sold in "as-is, where-is" condition. While 60 Greensides Avenue is famously shovel-ready, it also offers a rare financial advantage for the strategic buyer. The existing structure currently features three fully self-contained units, providing a turnkey solution for immediate rental income. Whether you are coordinating your build team or waiting for the ideal market window to break ground, this "buy-and-hold" potential allows you to generate significant revenue to offset carrying costs. Secure your footprint in Wychwood today and enjoy a high-yield transition period until you are ready to execute the new building plans. (id:66939)

Property details

Price
$1,050,000
Bedrooms
2
Bathrooms
3
Parking
1
Property type
Single Family
Basement
Unfinished, N/A
MLS® number
C13123508

Location

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Listing courtesy of HOMELIFE LANDMARK REALTY INC.. Source board: Toronto Regional Real Estate Board.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.