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103 MALVERN AVE
Toronto Ontario M4E3E6 Canada

$2,695,000

Active Listing ID E8078414
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7 bed
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4.00 Bath
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Single Family

$2,695,000

Active Listing ID E8078414
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103 MALVERN AVE Let's paint a picture of how 103 Malvern could be the perfect multi generational living solution. With 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. **** 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Brick, Stone
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/12/2024 12:05:25 PM GMT
Source Updated Date: 5/13/2024 11:23:53 PM GMT

Courtesy of: CHRISCOOK, Salesperson, RE/MAX HALLMARK REALTY LTD.

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