Zoned RM-7AN that currently allows for townhomes with land assembly. Future potential for re-zoning to allow for low to mid-rise building. Home is in great condition to rent and hold for revenue before an assembly occurs. Double door entrance with spiral staircase. Hardwood flooring on both levels & parquet flooring in 2 bedrooms on upper level. Peninsula kitchen has window sink & granite countertops and is open to the eating area & family room. Large solarium connected to the huge sundeck, all facing South. Primary bedroom has walk-in closet & ensuite with newer raised sink. Jacuzzi tub in main bathroom. Home features hot water baseboard heating, built-in vacuum & hot water on demand. Lower level has separate entry & kitchen. Back lane access. 5 minute walk to Joyce-Collingwood Station.