About this property

Imagine all the possibilities! This Walk-out Duplex, with upcoming MS1 Zoning sits on an expansive footprint and provides endless possibilities for high-density redevelopment. Whether your long-term vision involves severing the land into multiple lots, constructing modern stacked townhomes, or developing a large multi-unit complex, this lot serves as a blank slate for significant capital appreciation and intensification. In the short term, the property offers an immediate and reliable income stream to offset all carrying costs. The existing large bungalow is intelligently configured with a three-bedroom, two full bathroom(including master ensuite) upper unit ($2,200/month), while a secondary unit featuring its own private walkout entrance (2-bed, 1-bath) currently brings in $1,600/month. The third unit (Non-Conforming) brings in an additional $650/month. This setup allows you to service the mortgage while you finalize architectural plans and navigate the permitting process for its next use. Beyond the land itself, the value is anchored by unparalleled connectivity; with close proximity to the LRT and rapid transit, plus immediate access to both the 417 and 416, you can be at Parliament Hill or escape the city limits within ten minutes. Buyers are to do their own due diligence with regard to future development. 24 hours irrevocable on all offers. 24 hours notice is required for all showings. 3 bedrooms/1 kitchen above grade, 2 bedrooms/2 kitchens below grade. Some photos are digitally enhanced.

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X13106034
Status	Sold
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	700 sq ft
Beds / Baths	5 bed · 4 bath
Neighbourhood	6201 - Britannia Heights
City	Britannia Heights - Queensway Terrace N and Area
Postal Code	K2B 6S6
Province	ON
Listed Date	May 9, 2026
Brokerage	BENNETT PROPERTY SHOP REALTY