25 Madelaine Avenue, Toronto, Ontario M1L 2X5

Listed for:
$549,900
2 beds
2 baths
Listed 6 days ago
House for rent: 25 Madelaine Avenue, Toronto, Ontario M1L 2X5

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About

Pharmacy/Danforth 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:27476)

Property Highlights

MLS® Number
E13493140
Type
Single Family
Community Name
Oakridge
Ownership Type
Freehold
Land Size
25 x 113 FT
Parking Space Total
2

Building

Building Type
House
Storeys
1.00
Square Footage
0 - 699 sqft
Bathrooms Total
2
Bedrooms Above Ground
2
Bedrooms Total
2
Amenities
Park, Public Transit, Schools
Exterior Finish
Aluminum siding, Concrete
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Recreational, Games room
Basement
4.16 m x 4.91 m
Living room
Main level
2.79 m x 0.7 m
Kitchen
Main level
2.97 m x 2.55 m
Living room
Main level
2.68 m x 4.09 m
Primary Bedroom
Main level
2.42 m x 4.29 m
Bedroom 2
Main level
2.98 m x 2.16 m
Recreational, Games room
Main level
1.06 m x 1.93 m

Location

Learn more about this property
Listing provided by:
CENTURY 21 LEADING EDGE REALTY INC.
MLS® number:
E13493140
Agent:
Alex Macale
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