Investment & New Build Opportunity – in the Heart of the Junction Triangle | 212 & 214 Franklin Ave
Just the Facts
Price:
$699,000 per home
Status:
Sold
Side Represented:
Seller
# Beds:
3
# Baths:
1
Lot Size:
17.67 x 115 / 17.33 x 115
Parking:
Garage / Laneway
Neighbourhood
Junction Triangle
WalkScore:
83
About the Property
Investment & New Build Opportunity at 212 & 214 Franklin Avenue – in the Heart of the Junction Triangle
The BREL team is pleased to offer a unique opportunity for sale in the Junction Triangle -consisting of 212 and 214 Franklin Avenue – attached 2 storey semi’s presently being occupied as a principal residence.
The buildings are in need of repair and are considered to be land value only.
The properties offer purchasers an exceptional opportunity to rebuild, develop or invest.
User Opportunity
You can renovate both, and occupy one building while renting out the neighbouring property.
There is further option to occupy both buildings as the new owner.
The zoning also maintains the immediate upside of additional density – an opportunity not to be passed up by the savvy investor.
Investment Opportunity
Both buildings can be renovated or re-built and utilized as income properties, having the benefit of exploring further additions and construction to maximize investment potential.
Development Potential
The potential for development of these properties is substantial.
The two properties make up nearly 4,000 square feet in Toronto’s prime (and coveted) Junction Triangle neighbourhood.
Junction Triangle
If the Junction Triangle “proper” grows tiresome, residents just head-on over to visit neighbouring hot spots in Roncesvalles Village and High Park. And yet, it’s very hard to feel disappointed in this unique, and highly sought-after, slice of the city--an area that is consistently touched with the brilliance, innovation, and smart design, traditional of a modern-day rebirth. Construction, new business, and support ‘shop local’ mentality will continue to drive flocks of buyers to this neighbourhood--a neighbourhood that embraces the young, the old, families, newlyweds, swinging-singles, loners, and socialites – all at once.
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