Description
Let's paint a picture of how 103 Malvern is the perfect family compound. There are so many articles in the news about multi-generational living options to combat the higher prices in the city. This house is the one that offers a complete set of solutions. The main house - there are 3 completely separate units self-contained with private entrances & outdoor space. A condo like the main floor space would cost $850k+. 3 bedroom spaces like the 2nd and 3rd floor start at $1.2M. The basement suite would bring in extra income of $2400 OR would be perfect for the younger members of the family to get a solid start in the city. Behind the main house is a city approved for a 1700 sqft garden suite that would rival most homes on the street. This is NOT potential BUT approved. Land value is $1M+ for gdn suite. Finally the parking. Most multi-generational options have limited parking. This lot includes a bonus strip of land extending south off the back of the lot. Enough room for 4 parking spots.
Approved plans to build a 1700 sqft - 3 bed, 2.5 bath garden suite with loft. Utilities pre run to rear of property. Orphaned lane owned to accommodate 4 additional parking spaces in addition to garden suite. Vacant Occupancy Guaranteed.
Additional Details
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- Lot Size
- 25.33 X 140.00 Ft.
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- Community
- East End-Danforth
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- Property Style
- 3-Storey
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- Taxes
- $6242.99 (2023)
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- Garage Type
- None
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- Parking Space
- 4
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- Air Conditioning
- Central Air
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- Heating Type
- Forced Air
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- Kitchen
- 2
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- Kitchen Plus
- 1
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- Basement
- Apartment Sep Entrance
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- Pool
- None
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Features
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