50
See all 50 photos
$1,495,000
Est. payment /mo
3 Beds
8 Baths
New
454 Donlands AVE Toronto E03, ON M4J 3S5
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Municipality Toronto E03
Subdivision East York
MLS Listing ID E13563888
Style 2-Storey
Bedrooms 3
Annual Tax Amount $7,473
Tax Year 2026
Property Sub-Type Multiplex
Property Description
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, this well-built 2001 home was designed for flexible & income-generating use. 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, the property includes a detached 1.5-car garage with potential for additional parking income. Forced air gas heat, central air conditioning, municipal water and sewers, & an owned water heater round out the mechanicals. The property is currently zoned Residential Detached (RD) and fronts Donlands Ave, a City-identified major street; under Toronto's current Major Streets Zoning By-law, qualifying RD-zoned lots on designated major streets may permit small-scale apartment buildings up to six storeys and up to 60 units as-of-right, with significantly reduced parking requirements - a meaningful policy-driven upside for buyers considering redevelopment or intensification, though actual permitted density and unit yield for this specific lot should be independently confirmed with the City and a qualified planner. Steps to Donlands Subway Station on Line 2, with the future Ontario Line's Cosburn Station (Pape & Cosburn) currently under construction.
Location
Province ON
County Toronto
Community Toronto E03
Area Toronto
Rooms
Family Room No
Basement Separate Entrance
Kitchen 4
Interior
Interior Features Water Heater, Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.5
Pool None
Roof Type Asphalt Shingle
Lot Frontage 39.5
Lot Depth 106.5
Total Parking Spaces 1
Building
Foundation Concrete Block
Others
ParcelsYN Yes
Listed by RE/MAX REALTRON REALTY INC.