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16a Scarlett Rd Toronto, Ontario M6N 4K1

3 Bedroom 2 Bathroom
Bungalow Central Air Conditioning Forced Air

$1,188,000

Freshly renovated detached home w/flexible income options & massive development potential located 1 block N of Dundas & Scarlett. Lot size is ~4000 sf w/new survey. Existing zoning on Scarlett is CR 2.0 (Comm or Res) permitting max building height of 49.2 ft and building size of ~8000 that's 2 times lot size, plus basement. Property is deep & abuts two streets w/good frontages, 25' & 27', ideal for widthwise lot severance application (granting as-of-right potential to build two fourplexes), plenty of properties w/smaller lot areas nearby. Two-level ~800 sf (inc. loft) cinder block garage w/3 garage doors (2 w/power openers) & loft on 8"" joist w/steel beam (no center posts, possible conversion to garden suite). Revitalization of immediate area w/new bridge (see city illustration) & significant town house development ~100m E & W of this property. Existing bungalow is solid brick & move-in/income ready on day 1. Currently a 2+1 bed configuration, but can easily convert to 3+2 bed). Newer AC & Furnace. Easy parking off Bernice for several large vehicles, paired w/garage it's a contractor's dream. TTC at door, short ride to Runnymede Station on Bloor line. This property also offers close proximity to urban amenities - the serene Humber River, its wildlife & inviting paths; nearby parkettes Marie Baldwin Park & Woolner Dog Park for leisurely strolls or energetic play; & renowned Lambton Golf & Country Club just around the corner. Schools & groceries nearby achieve harmonious work/life balance effortlessly. Perhaps the most exciting aspect of the property is the untapped potential it offers! Whether seeking a home to call your own, an income-generating asset to rent, or a grand development project, the possibilities are endless. Be the first to live in this renovated space, rent it out for lucrative returns, or transform the property into your dream project! **** EXTRAS **** New topographic survey available. Floor plans available (garage and house). (id:51860)

Property Details

MLS® Number W8209424
Property Type Single Family
Community Name Rockcliffe-Smythe
Amenities Near By Park, Public Transit
Parking Space Total 6

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Architectural Style Bungalow
Basement Development Finished
Basement Type N/a (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Type House

Parking

Detached Garage

Land

Acreage No
Land Amenities Park, Public Transit
Size Irregular 25 X 170 Ft ; Full Frontage On Both Bernice & Scarlett
Size Total Text 25 X 170 Ft ; Full Frontage On Both Bernice & Scarlett
Surface Water River/stream

Rooms

Level Type Dimensions
Second Level Loft 6.62 m x 6.5 m
Basement Bedroom 3 3.95 m x 3.32 m
Basement Recreational, Games Room 7.21 m x 3.28 m
Basement Kitchen 4.2 m x 2.77 m
Basement Bathroom 2.03 m x 1.19 m
Main Level Living Room 5.05 m x 4.03 m
Main Level Dining Room 3.34 m x 2.79 m
Main Level Kitchen 3.42 m x 3.32 m
Main Level Bathroom 3.68 m x 2.92 m
Main Level Bedroom 2 3.16 m x 2.6 m
Main Level Primary Bedroom 2.21 m x 1.73 m

https://www.realtor.ca/real-estate/26715800/16a-scarlett-rd-toronto-rockcliffe-smythe

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