480 Ellerslie Ave, Toronto, ON M2R 1C4

This property could be a starter home for those who want to get into this amazing neighbourhood and are not afraid of renovation work. Sitting on a spectacular 45 ft x 300 ft lot fronting onto Ellerslie Park and surrounded by custom homes, it offers exceptional potential. The home itself is filled with natural light and features a self-contained basement apartment with a separate entrance. It can be renovated to suit personal use, flipped by a renovator, or rebuilt entirely by a builder on this rare, large and private lot. Permit approval is already in place for conversion to a fourplex, creating three one-bedroom units and a studio, all without any structural changes required to the exterior. Ideally located close to schools, public transit, shopping, and all amenities, this property combines size, location, and endless opportunity. Property is being sold in "as-is, where-is" condition.