10 Lessard Avenue
Lambton Baby Point, Toronto, M6S 1X5
FOR SALE
$1,750,000
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4
BEDROOMS 4
BATHROOMS 4
KITCHENS 16
ROOMS W13882736
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Property Description
Rare Investment & Development Opportunity in Prime Baby Point! Endless potential at Bloor & Jane, this prime 2-storey detached dwelling, includes your own private driveway with parking for up to 6 cars. Located on a quiet cul de sac and sits on an exceptionally rare 50 x 100-foot lot in one of West Toronto's most coveted enclaves. A rare canvas for builders, investors, and visionaries alike, this property offers versatility in an unbeatable location. Currently structured as a legal 4-plex featuring four 1 bedroom apartments. The existing building requires restoration, offering a blank slate for your next project. Such as renovating as a prime income property by fully restoring and upgrading the existing legal 4-plex to capitalize on Toronto's high-demand rental market. Restore to a single family residence by converting the existing 2 storey structure back into a custom single family dream home surrounded by mature trees and executive properties. Severe and rebuild by demolishing the current dwelling on the generous 50-foot wide lot into two distinct parcels, and construct two brand-new, modern 2 storey luxury homes. Nestled just steps from Jane Subway Station, the vibrant shops and dining of Bloor West Village, local schools, Lessard Park, Etienne Brûlé Park, and the scenic Humber River trails. Properties offering this scale of lot width and development flexibility in Baby Point are exceptionally rare. Bring your contractor, architect, and vision to realize the immense upside this prestigious address holds! Please see attachment for the the video.
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Property Features
Cul de Sac/Dead End, Park, Public Transit, River/Stream, School, None, Private
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Property Details
Address
10 Lessard Avenue
Community
City
Postal Code
M6S 1X5
Property Type
Fourplex, Fourplex
Zoning
residential
Lot Size
50' x 100'
Taxes
$10,399 (2026
Basement
Full, Unfinished
Heat Type
Other
Heat Source
Other
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Keller Williams Empowered Realty
Rare turn-of-the-century Victorian fourplex in the heart of Roncesvalles! Exceptional investment opportunity featuring 4 well-maintained units, all with lake and Boulevard Club views. Fully tenanted with strong rental income and excellent tenants. Easy-to-rent location close to transit, waterfront, shops, and amenities. Features hardwood floors throughout, rear laneway access, and parking from the lane. Outstanding future upside with potential for a laneway/accessory building, subject to City approvals. A unique opportunity to own a character-filled income property in one of Toronto's most desirable neighbourhoods.
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Pride of ownership for over 50 years. Within the last five years all of the heavy lifting has been done! Three out of the four units have been renovated with in suite laundry, new kitchens, appliances and washrooms. The most recent renovated unit has a heat/cool wall pack. There is a potential to add a lower level one bedroom suite. Roof replaced in 2021 as well as five new hot water tanks! In 2024 $50,000 was spent on waterproofing and new weeping tiles around building, new retaining wall and entirely paved! Three built in garages with separate rent and three outdoor parking spots. Minutes to Mimico Go. Please enjoy the enclosed virtual tour to view suites and lower level.
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Incredible investment opportunity!!! Fabulous two-storey fourplex available for sale on a quiet tree-lined family-friendly street just north of High Park. Four bright, charming, well-maintained 1 bedroom units, each with a large, sunny eat-in kitchen, separate light-filled living area, and 4-piece bath. Enviable, ultra-convenient west-end neighbourhood steps from subway station, TTC bus routes, and the countless shops and services of Bloor West Village and The Junction. Three units rented to long-term, stable tenants. 1 vacant unit is renovated and ready to be leased at current market value. Great opportunity for a new operator to buy and hold in a truly A+ location.
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