108 MOBERLY AVENUE, Toronto (Woodbine Corridor), Ontario, M4C4B1

Property Description

Two fully independent homes for the price of one - a rare, high-efficiency acquisition delivering immediate income, operational flexibility, and replacement costs that would be difficult to match through new construction - in the heart of Danforth Mosaic. This unique property pairs an updated 1910 main house (3+2 bedrooms) with a fully detached 2022-built 3-bedroom laneway residence, creating multiple revenue streams on a single lot with clear tenant separation. Each home has its own hydro, private outdoor space, and distinct access, ideal for long- or short-term rental, co-ownership, or an owner-operator seeking close oversight while offsetting carrying costs. The laneway home has demonstrated strong performance on limited short-term leases, while the main house offers substantial value-add potential under Toronto's revised zoning permitting a 4-plex; plans are included to convert the main house into two self-contained units with a new basement entrance (see Investor Prospectus). The main residence spans three character-rich levels with high ceilings, hardwood floors, gas fireplace, eat-in kitchen with stainless appliances and gas range, mudroom, powder room, and walkout to a landscaped garden with large shed. Upper levels include three bedrooms, a bay-window primary with rooftop deck and rear sunroom, and a finished lower level with rec room, den, bedroom, laundry, and suite potential. Beyond the garden, the laneway home offers three bedrooms, radiant in-floor heating, open-concept living, smart-home features, a private tree-canopied yard, and double-width gated parking for two (plus a discreet connecting "Narnia" door). Steps to Woodbine subway, East Lynn Park, strong schools, and Danforth retail, this is a scarce opportunity to secure a scalable, high-performing urban asset with income today and long-term upside. (id:64974)

Quick Facts

• Property Type: Multi-Family
• Bedrooms: None
• Bathrooms: 5
• Living Area: 3,598 sq ft (334.3 m²)
• Attached: Yes
• Frontage: 18 ft (5.5 m)

Costs

• Annual Taxes: $8,679.46

Listing Provided by: BOSLEY REAL ESTATE LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.