$5,500,000Asking Price
47 Ranleigh Avenue presents a fully approved re-development opportunity in the heart of one of Toronto's most established and transit-connected neighbourhoods. With City Council-approved zoning in place, this south-facing rare 34' x 191' foot lot is ready for the construction of a modern four-storey, 16-unit multiplex residential building. The proposed development aligns with Toronto's urban intensification strategy and includes sustainable site design with storm water management, thoughtfully planned landscaping and 13 bicycle parking spaces-supporting a transit-oriented, car-free lifestyle. Architectural drawings and renderings are available for review, and the approved plans provide a clear path forward for developer's seeking a turnkey in fill project in a high-demand area. While re-development plans move forward, the property continues to generate income through three self-contained rental units within a detached two-storey duplex and basement suite. The main and second floors each feature 3 bedrooms, a living room, dining room, eat-in kitchen, and 4-piece bathroom. The lower-level unit includes 2 bedrooms, a combined living and dining area, a full kitchen and large windows providing natural light. Additional features include three separate hydro meters, a fire alarm system, shared laundry with storage, a private driveway and a detached 3-car garage with ample surface parking. Located just steps from T.T.C., Yonge Street, and Bedford Park School, this property offers both short-term income and long-term value through approved re-development.
47 Ranleigh Avenue presents a fully approved re-development opportunity in the heart of one of Toronto's most established and transit-connected neighbourhoods. With City Council-approved zoning in place, this south-facing rare 34' x 191' foot lot is ready for the construction of a modern four-storey, 16-unit multiplex residential building. The proposed development aligns with Toronto's urban intensification strategy and includes sustainable site design with storm water management, thoughtfully planned landscaping and 13 bicycle parking spaces-supporting a transit-oriented, car-free lifestyle. Architectural drawings and renderings are available for review, and the approved plans provide a clear path forward for developer's seeking a turnkey in fill project in a high-demand area. While re-development plans move forward, the property continues to generate income through three self-contained rental units within a detached two-storey duplex and basement suite. The main and second floors each feature 3 bedrooms, a living room, dining room, eat-in kitchen, and 4-piece bathroom. The lower-level unit includes 2 bedrooms, a combined living and dining area, a full kitchen and large windows providing natural light. Additional features include three separate hydro meters, a fire alarm system, shared laundry with storage, a private driveway and a detached 3-car garage with ample surface parking. Located just steps from T.T.C., Yonge Street, and Bedford Park School, this property offers both short-term income and long-term value through approved re-development.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 8.99' x 15.72' | Tile Floor, Built-in Appliances, Window |
3 4-Piece Bathrooms |
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Bedford Park, Toronto is a north Toronto neighbourhood notable for its university grads, executives and business and education, law & public sector professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 14, youth aged 15 to 19 and adults aged 40 to 59.
Kids Per Family
1.3
kids per family
in the neighbourhood.
38%
of residents are
single and loving it.
38% singles
Toronto (50%)
23%
of residents
are renters.
23% renters
Toronto (47%)
74%
of residents are
university grads.
74% university grads
Toronto (48%)Average Household Income
$268K
is the average household
income in the neighbourhood.
Professions
Management | 14% |
Government | 14% |
Business | 13% |
Sales | 10% |
Sciences | 6% |
25%
of residents were
born outside of Canada.
25% immigrants
Toronto (48%)2.2% from UK
All-time
0.4% from Iran
Recent
Foreign Languages
Cantonese | 2% |
French | 2% |
Spanish | 2% |
Persian | 1% |
Greek | 1% |
Religions
Christian | 56% |
Jewish | 10% |
Muslim | 2% |
Hindu | 1% |
Buddhist | 1% |
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.