108 Moberly Avenue Toronto, Ontario M4C 4B1

5 Bathroom 3,598 ft2
Fully Air Conditioned Radiant Heat, Other, Coil Fan, Forced Air

$1,950,000

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:62104)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number E12879280
Property Type Multi-family
Community Name Woodbine Corridor
Amenities Near By Recreation
Features Irregular Lot Size

Building

Bathroom Total 5
Age 0 To 5 Years
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Radiant Heat, Other, Coil Fan, Forced Air
Size Exterior 3598 Sqft
Size Interior 3,598 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Recreation
Size Depth 100 Ft
Size Frontage 17 Ft ,9 In
Size Irregular Bldg=17.75 X 100 Ft ; See Schedule D, L-shaped
Size Total Text Bldg=17.75 X 100 Ft ; See Schedule D, L-shaped
Zoning Description R(d0.6*736)

https://www.realtor.ca/real-estate/29466746/108-moberly-avenue-toronto-woodbine-corridor-woodbine-corridor

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