Want a chance to own over a quarter of an acre of land in Toronto?! This unique, L-shaped lot offers a tremendous opportunity for savvy investors, developers, and end users alike. The 50 x 169.84 ft lot has the potential to be severed into two 25 ft lots, with a fourplex & garden suite on each lot, for a total of 10 units! If you're a family looking for more space, this 5-bedroom home boasts over 2,100 sq ft above grade, including four second-storey bedrooms with double closets and vaulted ceilings. The spacious, sun-soaked family room features a brick fireplace and soaring, vaulted ceilings, the perfect space for entertaining. Walk out to a large deck overlooking the backyard sanctuary, with ample space to add a garden suite or create the garden of your dreams! The property boasts a two-storey, detached garage and a large private driveway, suitable for up to four vehicles. Located in a sought-after, family-friendly neighbourhood with fantastic schools, parks and plenty of transit options, the possibilities are truly endless. Bring your vision to life at 601 Pharmacy Ave - The LOT of Potential!
Massive opportunity Awaits! This 50-Foot-wide lot can be divided into two 25-foot lots with the potential for a fourplex and garden suite on each 25-foot lot; the possibilities are endless. Alternatively, you can choose to rent out this spacious 2,000-sqaure-foot, 5 bedroom home while you explore your options. The property features a detached two-story garage and ample parking for up to 4 vehicles, making it a convenient choice for families or as an investment home. With an upgraded roof and solid mechanicals, you can rest assured that this home is well-maintained and ready for your personal touch. Located in a desirable area with close proximity to major highways, schools, and just 30 minutes from Downtown Toronto, this property offers both convivence and investment potential. Whether you choose to rebuild, update, or hold as a rental, this is an opportunity not to be missed! Seize the chance to make this versatile property your own.
TREB #E12256559
Jul 2, 2025
Listed
$1,799,000
As the MLS and public records start to fill up, we'll list the details here.
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Last updated by owner on Aug 10, 2023.
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