Attention Builders and Developers! This is a rare and exciting opportunity to secure a prime property in the heart of Newtonbrook East, one of Torontos most desirable neighbourhoods. The south-facing lot measures an impressive 50 by 111.58 feet and has already been severed into two separate parcels, each with a 25-foot frontage. For those looking to begin construction quickly, the building permit for 192A has already been fully approved, while the permit for 192B is pending, with only the development levies left to be paid. This property offers the chance to create two modern, three-storey homes above grade, each designed with double car garages and additional space to accommodate future garden suites. With this configuration, builders can take full advantage of the City of Torontos evolving housing policies while also creating homes that are both spacious and highly desirable for future buyers.The location is simply unbeatable. Residents will enjoy close proximity to schools, shopping, transit, parks, and all the amenities that make Newtonbrook East such a sought-after community. Opportunities of this caliber are few and far between, giving buyers the chance to build new with confidence on a lot that is perfectly positioned to absorb and reflect future value. Whether you are a seasoned developer or a builder looking for your next great project, this property presents a wealth of possibilities and an exceptional return on investment. (id:51532)
