1052 W 53RD AVENUE

Exceptional redevelopment opportunity in prestigious South Granville! This 18,000 sq. ft. lot features a 5,128 sq. ft. home and offers multiplex development potential with possible subdivision. A DP has been issued for 6 detached homes, and architectural drawings prepared at $100k+ are included in the sale. Renovated in 2023, the existing home remains livable and rentable, offering holding-income potential. The seller reports bed-and-breakfast income exceeding $200k in 2025. Close to prestigious schools such as Winston Churchill, Eric Hamber, Crofton, York House, & St. George's. Just a few minutes away from Oakridge Park, restaurants, and supermarkets. Sold "as is, where is." (id:65738)