2 Bedroom
2 Bathroom
0 - 699 ft2
Bungalow
None
Forced Air
$549,900
Exceptional investment and redevelopment opportunity! This detached 2-bedroom bungalow sits on a premium 25 x 113 ft lot on a quiet family-friendly cul-de-sac, directly facing a park and backing onto Oakridge Junior Public School. Just a short walk to Victoria Park Subway Station, this prime location offers outstanding convenience, strong rental demand, and excellent long-term appreciation potential. *Ideal for investors, builders, renovators, BRRRR enthusiasts, or end-users looking to build equity. The existing home is fully livable and mortgage-financeable, allowing you to move in, rent it out, or generate income while planning future improvements. Renovate, modernize, expand, or explore redevelopment possibilities to maximize the value of this desirable property. Unlike a condo, this is an opportunity to own valuable freehold land in an established neighbourhood where land continues to appreciate.The generous lot, transit-oriented location, nearby parks, schools, shopping, and everyday amenities make this a rare offering with multiple exit strategies. Whether your goal is to renovate for resale, build your dream home, hold as a long-term investment, or create a BRRRR project, this property offers exceptional flexibility.**** Conceptual design renderings are available for buyers as inspiration to showcase potential redevelopment ideas only. These images are provided for reference and do not represent approved plans or guarantee future development. Buyers are advised to conduct their own due diligence regarding zoning, permits, and building requirements.**** A rare opportunity to secure a detached home in one of Scarborough's most desirable transit-friendly communities with immediate livability and tremendous upside potential. (id:50976)
Property Details
|
MLS® Number
|
E13493140 |
|
Property Type
|
Single Family |
|
Community Name
|
Oakridge |
|
Amenities Near By
|
Park, Public Transit, Schools |
|
Community Features
|
Community Centre |
|
Parking Space Total
|
2 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
2 |
|
Bedrooms Total
|
2 |
|
Age
|
100+ Years |
|
Appliances
|
Stove, Washer, Refrigerator |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Unfinished |
|
Basement Type
|
N/a (unfinished) |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
None |
|
Exterior Finish
|
Aluminum Siding, Concrete |
|
Flooring Type
|
Hardwood, Tile |
|
Foundation Type
|
Concrete |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
0 - 699 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fenced Yard |
|
Land Amenities
|
Park, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
113 Ft |
|
Size Frontage
|
25 Ft |
|
Size Irregular
|
25 X 113 Ft |
|
Size Total Text
|
25 X 113 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Basement |
Recreational, Games Room |
4.16 m |
4.91 m |
4.16 m x 4.91 m |
|
Main Level |
Living Room |
2.79 m |
0.7 m |
2.79 m x 0.7 m |
|
Main Level |
Kitchen |
2.97 m |
2.55 m |
2.97 m x 2.55 m |
|
Main Level |
Living Room |
2.68 m |
4.09 m |
2.68 m x 4.09 m |
|
Main Level |
Primary Bedroom |
2.42 m |
4.29 m |
2.42 m x 4.29 m |
|
Main Level |
Bedroom 2 |
2.98 m |
2.16 m |
2.98 m x 2.16 m |
|
Main Level |
Recreational, Games Room |
1.06 m |
1.93 m |
1.06 m x 1.93 m |
https://www.realtor.ca/real-estate/29957409/25-madelaine-avenue-toronto-oakridge-oakridge
