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159 - 163 BRIAR HILL AVENUE, Toronto (Lawrence Park South), Ontario

$3,495,000

6 bed · 4 bath

MLS® C14141046

Exceptional LYTTON PARK / Yonge & Eglinton Investment Opportunity - Two Lots, Endless Potential! Rarely does an opportunity like this come along in the highly sought-after Yonge & Eglinton neighbourhood. Presenting 159 and 163 Briar Hill Avenue, two adjoining semi-detached properties offered together, featuring a combined 46 x 131.50 ft lot on the south side of the street. Partially tenanted and generating excellent monthly income, this unique offering presents an outstanding opportunity for investors seeking strong holding potential with future redevelopment possibilities. The two properties feature over 3,900 sq. ft. of total above-grade living space across four fully renovated residential units. At 159 Briar Hill, the main floor offers a 570 sq. ft. one-bedroom, one-bathroom apartment, while the upper levels feature a spacious 1,375 sq. ft. two-bedroom, one-bathroom suite spanning the second and third floors, complete with a private rooftop deck. At 163 Briar Hill, the thoughtfully mirrored layout includes a 590 sq. ft. one-bedroom, one bathroom apartment and a 1,370 sq. ft. two-bedroom, one-bathroom upper-level suite, also featuring its own rooftop deck. All four units have been fully renovated, offering modern, move-in-ready accommodations and an attractive income-producing asset. Additional features include an outdoor kitchen, ensuite laundry in the two upper units and shared lower level laundry for the main floor units and convenient rear parking for up to four vehicles. Ideally positioned in one of Toronto's most desirable and established neighbourhoods, close to all the conveniences of Yonge & Eglinton including transit, shops, restaurants and everyday amenities plus fabulous public & private schools. Whether held as a lucrative long-term investment or explored for future redevelopment potential, this is a rare opportunity to secure two adjoining properties with exceptional flexibility and upside in a premier Toronto location. (id:56426)

JAMES HOULACHAN

Listed by CHESTNUT PARK REAL ESTATE LIMITED

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
12,789
Median household income
$122,823
Median home value
$1,391,774
Owner-occupied
36%
Homes for sale
71
Median list price
$934,000

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (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.

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