






Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$3,495,000
Bedrooms
6 Beds
Bathrooms
4 Baths
Size
3500-5000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$11647.78
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.
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Have questions about this property?
Contact MeTotal Monthly Payment
$14,026 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,796,000
Total Interest Payments
$1,723,905
Total Payment (Principal + Interest)
$4,519,905
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Toronto, ON M5N 2H2
Listed By: RE/MAX PREMIER INC.

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.