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Lawrence Park South, Toronto
$3,495,000
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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| Type | Semi-Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $11,648 |
| Lot Size | 46 ft x 131.5 ft |
| mls© Number | C14141046 |
| Listed By | CHESTNUT 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.
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 checkInvestment Analysis
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