5 Tefley Rd

PRIME BRIGHT CORNER 2.5 STOREY BUILDING IDEAL FOR END-USER, INVESTOR, OR REDEVELOPMENT. ZONING ALLOWS FOR A WIDE RANGE OF RESIDENTIAL AND OR COMMERCIAL USES & REDEVELOPMENT OPTIONS. FOUR-PLEX ALLOWS FOR MULTI-FAMILY OR MULTI-GENERATIONAL FAMILY OPTIONS. PROPERTY FEATURES APPROXIMATELY 3,333 SQUARE FEET ABOVE GRADE & PLENTY OF ONSITE PARKING. GREAT LOCATION WITH MANY NEW DEVELOPMENTS IN THE IMMEDIATE NEIGHBOURHOOD. SEE VIRTUAL TOUR & FLOOR PLANS. SURVEY ALSO.

Revealing Manning's Detached Victorian Hidden Treasure - A Delightful Discovery Behind the Curtain! Owned and maintained by the same owner for 40 years, this property is situated on the best stretch of Manning Avenue between Harbord and College. No mystery here: this property checks all the boxes for both investors and potential residents alike. Over 3200 sf on 4 levels of finished bright space. Nestled in the heart of the highly sought-after Palmerston-Little Italy area, this splendid Victorian-style detached house embodies timeless charm. Versatility meets Opportunity, with its perfect blend of historic character, massive size and ideal location to meet your every need, whether you want to create your own single-family Victorian masterpiece, a multi-generational living arrangement, Live & Rent collect rent to help with your household expenses, or a straight long-term investment play, this property offers every possibility. In its current state, this property presents with two spacious 4-bedroom apartments and one sizable 3-bedroom apartment, fully rented, with nice tenants, all month to month (no leases). Additionally, enjoy the convenience of a large block garage offering up to 2 car parking spaces. Benefit from the substantial rental income while exploring the potential to build a laneway house off the back alley, further maximizing the property potential. Don't miss the massive upside potential for this home.