281 1/2 George St

Unique and large 2.5-Storey Home in Little Italy. This property Offers above 2,000 Square Feet Of Living Space and 2 bright self contained units not including lower level. Ideal for an end user by using one unit and renting the rest of the 2 units for extra income. Top floor unit is spacious and provides an ensuite bath. Property is very private and ideally located close to all downtown amenities with potential to expand and built above a double detached garage as a laneway house . New Windows, Front Door replaced in 2022, Furnace And Ac replaced in 2023. Seller And Listing Agent Do Not Warrant Legal And Retrofit Status. The main and second floor of the Property Is Tenanted as follows: Upper: $3,525 lease expires Dec 1, 2024. Main: $2,750/mnth expires march 15, 2025. LL: Vacant.

Discover a rare investment gem in Toronto' s sought-after Little Italy neighbourhood. This remarkable Semi-Detached features four self-contained units with a total of 7 bedrooms and 4 bathrooms, designed for immediate income potential. Each unit boasts abundant natural light, gourmet kitchens with stainless steel appliances, granite countertops, and state-of-the-art bathrooms, creating a stylish and inviting atmosphere. Contemporary light fixtures add a modern touch throughout. At the rear, a laneway with a spacious two-car garage offers exciting potential for a future laneway housing project. A laneway confirmation letter is provided here with a positive review, confirming the feasibility of this development, and providing a unique opportunity to enhance both the property's value and future rental income potential. Located near reputable schools, lush parks, and minutes away from cultural hotspots like Christie Pits Park and Kensington Market, this property supports both family living and lifestyle enjoyment. With Bloor Streets bustling scene nearby and convenient access to Ossington and Christie Subway Stations, residents benefit from both urban convenience and a strong sense of community. This property is a rare opportunity to own a turn-key investment in one of Toronto's most desirable locations!