location_on 38 Cresthaven Dr, Toronto

Land

38 Cresthaven Dr

Toronto, Ontario M2H 1M1

$1,888,000

For Sale

Property Information

Attention builders and developers! Incredible opportunity. Income Property $5,500 monthly rental income + Paid Utilities. Ideal for easider Mortgage approval with existing income to qualify for a mortgage to buy now before prices are up to the roof, refinance after the mortgage rates are much down later in 2025. Can build 3 units, each with their own civic address: 1 Tristan Cres, 36 & 38 Cresthaven Drive (without severence). Rebuild 3 units incl. garden suite on sloped lot, setback is less than current building’s widest area. Prime location with new mansions nearby. Act fast! Huge Potential in North York, Toronto. Ideal for families or investors not currently qualified for conventional mortgage with assumption of tenancy & high rental income. Conveniently located near top-rated schools & Seneca College. Don’t miss out on this value-packed easy mortgage qualifier property / redevelopment opportunity in a sought-after neighborhood! Tenant might leave with 30 days notice! Charming, fully renovated 3+2 Bdrm (5 bedrooms in total on two floors), 4 Bath side-split with the largest deck in town & amazing outdoor space, ideal for entertaining. Rented fully furnished! Don’t miss out! Very motivated Realtor Seller!

Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : C8228184
Price : $1,888,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 26
Address
Province : Ontario
City : Toronto
Postal Code : M2H 1M1
Street : Cresthaven
Street Number : 38
Street Suffix : Dr
Floor Number : 0
Longitude : W80° 38' 7.5''
Latitude : N43° 47' 51.8''
Brokerage
Office Name : ZEN HOME REALTY
Extra Information
address/street_dir_suffix : E
Area : Toronto
living_area : 0
living_area_unit : Sqft
Community : Hillcrest Village
Extras : If rebuild, a corner lot with 3m Cresthaven setbac
Lease : Sale
Street Direction : E
Tax Year : 2024

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38 Cresthaven Dr Toronto, Ontario M2H 1M1