5 Bathroom
3,598 ft2
Fully Air Conditioned
Radiant Heat, Other, Coil Fan, Forced Air
$2,200,000
Two fully self-contained homes on one lot - a rare and strategic investment opportunity in the heart of Danforth Mosaic. The updated 3+2 bedroom 1910 main house and 2022 3 bedroom laneway home combine heritage character with modern efficiency, offering multiple income streams, flexible tenancies, and long-term value growth. Each property functions independently with separate roll numbers, hydro, and private outdoor spaces, ideal for short- or long-term rental, multi-generational ownership, or co-ownership models. Plans are included to subdivide the main house into two self-contained units with a new basement entrance, further increasing income potential and adaptability. Live in one, lease the other, or rent both for a diversified portfolio anchored by strong local demand and appreciating land value. This is a versatile, high-performing asset designed for steady cash flow today and solid appreciation tomorrow - a future-proof addition to any serious investor's portfolio. Consider: The main house fronts Moberly with three levels of warm, character-filled space-high ceilings, hardwood floors, a gas fireplace, and an eat-in kitchen with stainless appliances, gas range, powder room, and walkout to a landscaped garden. Upstairs, three bedrooms include a bay-window primary with rooftop deck and a rear sunroom retreat, while the finished lower level adds a rec room, den, bedroom, and laundry, with plans to create a separate lower suite. Beyond the garden, the 2022 laneway home adds three bedrooms, radiant main heated floors, open-concept living, smart-home features, and a private, tree-canopied yard. A double-width remote gate offers parking for two and direct access to shared gardens-moments from East Lynn Park, Woodbine subway, and the best of Danforth Mosaic. (id:61594)
Business
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Business Type
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Residential |
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Business Sub Type
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Apartments |
Property Details
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MLS® Number
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E12551476 |
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Property Type
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Multi-family |
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Community Name
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Woodbine Corridor |
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Amenities Near By
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Public Transit, Recreation |
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Equipment Type
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Water Heater |
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Features
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Irregular Lot Size |
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Rental Equipment Type
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Water Heater |
Building
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Bathroom Total
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5 |
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Age
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0 To 5 Years |
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Cooling Type
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Fully Air Conditioned |
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Heating Fuel
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Natural Gas |
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Heating Type
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Radiant Heat, Other, Coil Fan, Forced Air |
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Size Exterior
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3598 Sqft |
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Size Interior
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3,598 Ft2 |
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Type
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Multi-family |
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Utility Water
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Municipal Water |
Land
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Acreage
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No |
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Land Amenities
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Public Transit, Recreation |
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Size Depth
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100 Ft |
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Size Frontage
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17 Ft ,9 In |
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Size Irregular
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Bldg=17.75 X 100 Ft ; See Schedule D |
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Size Total Text
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Bldg=17.75 X 100 Ft ; See Schedule D |
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Zoning Description
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R(d0.6*736) |
https://www.realtor.ca/real-estate/29110481/108-moberly-avenue-toronto-woodbine-corridor-woodbine-corridor