16A Scarlett Road For Sale

Toronto, Rockcliffe-Smythe, M6N 4K1

$1,188,000

Description

Listed by CRESCENT REAL ESTATE INC..

Freshly renovated detached home w/flexible income options & massive development potential located 1 block N of Dundas & Scarlett. Lot size is ~4000 sf w/new survey. Existing zoning on Scarlett is CR 2.0 (Comm or Res) permitting max building height of 49.2 ft and building size of ~8000 that's 2 times lot size, plus basement. Property is deep & abuts two streets w/good frontages, 25' & 27', ideal for widthwise lot severance application (granting as-of-right potential to build two fourplexes), plenty of properties w/smaller lot areas nearby. Two-level ~800 sf (inc. loft) cinder block garage w/3 garage doors (2 w/power openers) & loft on 8" joist w/steel beam (no center posts, possible conversion to garden suite). Revitalization of immediate area w/new bridge (see city illustration) & significant town house development ~100m E & W of this property. Existing bungalow is solid brick & move-in/income ready on day 1. Currently a 2+1 bed configuration, but can easily convert to 3+2 bed). Newer AC & Furnace. Easy parking off Bernice for several large vehicles, paired w/garage it's a contractor's dream. TTC at door, short ride to Runnymede Station on Bloor line. This property also offers close proximity to urban amenities - the serene Humber River, its wildlife & inviting paths; nearby parkettes Marie Baldwin Park & Woolner Dog Park for leisurely strolls or energetic play; & renowned Lambton Golf & Country Club just around the corner. Schools & groceries nearby achieve harmonious work/life balance effortlessly. Perhaps the most exciting aspect of the property is the untapped potential it offers! Whether seeking a home to call your own, an income-generating asset to rent, or a grand development project, the possibilities are endless. Be the first to live in this renovated space, rent it out for lucrative returns, or transform the property into your dream project!

New topographic survey available. Floor plans available (garage and house).

Location

View Map

Address: 16A Scarlett Road
Neighborhood: Rockcliffe-Smythe
City: Toronto
State: Ontario
Postal Code: M6N 4K1

Property Video

Property Details

Property ID: W8209424
Property Price: $1,188,000
Style: Detached, Bungalow
Rooms: 5
Bedrooms: 3
Bath: 2
Garages Spaces: 2
Garage: Detached
Parking Spaces: 6
A/C: Central Air
Basement: Finished
Den: N
Exterior: Brick
Heating: Forced Air
Fireplace: N
Taxes: $3,085.00 (2023)
Lot: 170.00x25.00 (Feet) - Full Frontage On Both Bernice & Scarlett

Room details and dimensions

Living

Size: 20.35
Width: 4.03
Length: 5.05

Dining

Size: 9.32
Width: 2.79
Length: 3.34

Kitchen

Size: 11.35
Width: 3.32
Length: 3.42

Bathroom

Size: 10.75
Width: 2.92
Length: 3.68

2nd Br

Size: 8.22
Width: 2.60
Length: 3.16

Prim Bdrm

Size: 3.82
Width: 1.73
Length: 2.21

3rd Br

Size: 13.11
Width: 3.32
Length: 3.95

Rec

Size: 23.65
Width: 3.28
Length: 7.21

Kitchen

Size: 11.63
Width: 2.77
Length: 4.20

Bathroom

Size: 2.42
Width: 1.19
Length: 2.03

Loft

Size: 43.03
Width: 6.50
Length: 6.62

Statistics for similar Detached homes in Rockcliffe-Smythe

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in Rockcliffe-Smythe

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.