47 Ranleigh Avenue presents a fully approved re-development opportunity in the heart of one of Toronto's most established and transit-connected neighbourhoods. With City Council-approved zoning in place, this south-facing rare 34' x 191' foot lot is ready for the construction of a modern four-storey, 16-unit multiplex residential building. The proposed development aligns with Toronto's urban intensification strategy and includes sustainable site design with storm water management, thoughtfully planned landscaping and 13 bicycle parking spaces-supporting a transit-oriented, car-free lifestyle. Architectural drawings and renderings are available for review, and the approved plans provide a clear path forward for developer's seeking a turnkey in fill project in a high-demand area. While re-development plans move forward, the property continues to generate income through three self-contained rental units within a detached two-storey duplex and basement suite. The main and second floors each feature 3 bedrooms, a living room, dining room, eat-in kitchen, and 4-piece bathroom. The lower-level unit includes 2 bedrooms, a combined living and dining area, a full kitchen and large windows providing natural light. Additional features include three separate hydro meters, a fire alarm system, shared laundry with storage, a private driveway and a detached 3-car garage with ample surface parking. Located just steps from T.T.C., Yonge Street, and Bedford Park School, this property offers both short-term income and long-term value through approved re-development.
Property Type:
Residential Freehold
Property Sub Type:
Duplex
Property Attached:
Yes
Home Style:
3-Storey
Total Approx Floor Area:
3500-5000
Depth:
191'58.2 m
Frontage:
34'10.4 m
Lot Details:
34.00 x 191.00 Feet
Topography:
Flat
Direction Faces:
South
Bedrooms:
6+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
6
Bedrooms Below Grade:
2
Kitchens Above Grade:
3
# Main Level Bedrooms:
1
# Main Level Bathrooms:
0
Rooms Above Grade:
18
Rooms:
18
Heating type:
Water
Heating Fuel:
Gas
Cooling:
Yes
Foundation:
Unknown
Roof:
Flat
Basement:
Apartment
Fireplace/Stove:
No
Attached Garage:
No
Garage:
Detached
Garage Spaces:
3.0
Parking Features:
Private
Parking Spaces:
7
Total Parking Spaces:
10.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$10,187.71 /
2025
Assessment:
$- /
-
Toronto C04
Lawrence Park North
Toronto
Park, School
Other
3 Stoves, 3 Fridges, 3 Dishwashers, Washer, Dryer, Light Fixtures, 3 Separate Meters, 2 Forced Air Conditioning Systems In 1 & 2 Flr Units. Central Fire Alarm System, California Shutters & Updated Windows. All Items In "As Is" Condition.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.