454 Donlands Avenue, East York M4J 3S5

Description

Rare multi-unit opportunity in East York! This meticulously maintained 2-storey multiplex offers a flexible layout of separate self-contained living spaces across three levels, each with its own kitchen and entrance access - ideal for investors, multi-generational families, or owner-occupiers looking to offset their mortgage with rental income. With 3+ bedrooms, 8 washrooms, and roughly 3,200 sq ft of total living space (approx. 2,089 sq ft above grade plus a finished lower level), this well-built 2001 home was designed for flexible, income-generating use, and continues to offer that potential today. The main and second floors feature bright, spacious principal rooms, generous closets, a walk-out balcony from the primary bedroom, and a walk-out to a covered front porch, while the lower level offers a separate entrance and two additional bedrooms - perfect for extended family living or as a rented unit. Currently partially tenanted, the property offers immediate holding income with room to lease additional space, giving buyers flexibility to configure the property to suit their own plans. Set on a generous 39.5 x 106.5 ft lot in a designated Major Transit Station Area, the property includes a detached 1.5-car garage with potential for additional parking income or a future laneway suite, subject to City approval. Forced air gas heat, central air conditioning, municipal water and sewers, and an owned water heater round out the mechanicals, and the home has been meticulously maintained throughout. Unbeatable location: steps to Donlands Subway Station, minutes to the upcoming Ontario Line, quick access to the DVP, and walking distance to the shops, cafes, and restaurants along Donlands Ave and O'Connor Dr. A rare offering for investors, end-users, and families seeking flexibility, income potential, and long-term upside in one of Toronto's most connected East York pockets. Don't miss this one!