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New2 hours ago

159 - 163 Briar Hill Avenue

Lawrence Park South, Toronto

$3,495,000

Semi-Detached |2 1/2 Storey
6 | 4 | 4
About this home

Exceptional LYTTON PARK / Yonge & Eglinton Investment Opportunity - Two Lots, Endless Potential! Rarely does an opportunity like this come along in the highly sought-after Yonge & Eglinton neighbourhood. Presenting 159 and 163 Briar Hill Avenue, two adjoining semi-detached properties offered together, featuring a combined 46 x 131.50 ft lot on the south side of the street. Partially tenanted and generating excellent monthly income, this unique offering presents an outstanding opportunity for investors seeking strong holding potential with future redevelopment possibilities. The two properties feature over 3,900 sq. ft. of total above-grade living space across four fully renovated residential units. At 159 Briar Hill, the main floor offers a 570 sq. ft. one-bedroom, one-bathroom apartment, while the upper levels feature a spacious 1,375 sq. ft. two-bedroom, one-bathroom suite spanning the second and third floors, complete with a private rooftop deck. At 163 Briar Hill, the thoughtfully mirrored layout includes a 590 sq. ft. one-bedroom, one bathroom apartment and a 1,370 sq. ft. two-bedroom, one-bathroom upper-level suite, also featuring its own rooftop deck. All four units have been fully renovated, offering modern, move-in-ready accommodations and an attractive income-producing asset. Additional features include an outdoor kitchen, ensuite laundry in the two upper units and shared lower level laundry for the main floor units and convenient rear parking for up to four vehicles. Ideally positioned in one of Toronto's most desirable and established neighbourhoods, close to all the conveniences of Yonge & Eglinton including transit, shops, restaurants and everyday amenities plus fabulous public & private schools. Whether held as a lucrative long-term investment or explored for future redevelopment potential, this is a rare opportunity to secure two adjoining properties with exceptional flexibility and upside in a premier Toronto location.

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
Style2 1/2 Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$11,648
Lot Size46 ft x 131.5 ft
mls© NumberC14141046
Listed ByCHESTNUT PARK REAL ESTATE LIMITED

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$17,889
Property tax
$971
Heat allowance
$150
Housing costs
$19,010 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $699,000
25-yr amortization

Income needed

$585,000

gross annual household income

Payment at 4%
$14,708 / mo
Cash down
$699,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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