159 - 163 Briar Hill Avenue Toronto, Ontario M4R 1H8

$3,495,000

Exceptional LYTTON PARK / Yonge & Eglinton Investment Opportunity - Two Lots, Endless Potential! Rarely does an opportunity like this come along in the highly sought-after neighbourhood. Presenting 159 & 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 plus the potential for add additional units in the basement and/or a garden suite. At 159, the main floor offers a 570 sq. ft. one-bed, one-bath apartment, while the upper levels feature a spacious 1,375 sq. ft. two-bed, one-bath suite spanning the second and third floors, complete with a private rooftop deck. At 163, the thoughtfully mirrored layout includes a 590 sq. ft. one-bed, one bath apartment and a 1,370 sq. ft. two-bed, one-bath 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 & 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 (zoned for Allenby PS). 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:55499)

Property Details

Building

Parking

Land

https://www.realtor.ca/real-estate/30470507/159-163-briar-hill-avenue-toronto-lawrence-park-south-lawrence-park-south