3148 Gillespie Tr

Welcome to 71 Kingsford Crescent, a charming residence nestled on a tranquil half-acre lot in the sought-after Old South neighborhood. This prime location offers a peaceful, tree-lined street & is just a short walk to LHSC Victoria & Children's Hospital, Regional Cancer Centre, Parkwood Hospital, shopping centres, Westminster Conservation Area, Mountsfield Public School, South Secondary School and Wortley Village. The location also offers quick Hwy 401/402 & downtown access. This well-maintained stone & brick ranch is ideal for entertaining family & friends & offers 4 bedrooms & 2 bathrooms on a beautifully landscaped property. The large, fenced yard features concrete patios, a shed, & ample parking with a spacious driveway. Solid oak, custom GCW kitchen by Melchers Construction is a highlight, featuring heated tile floors, designer pantry with built-ins, quartz island with seating for 6 including a built-in induction stovetop, stainless steel custom automatic raise/drop range hood, wall oven/convection microwave, dishwasher & fridge. The main floor includes a bright dining/living area with a decorative fireplace, hardwood floors, & expansive windows with backyard views. The updated 5-piece bathroom features a soaker tub, double sinks with custom oak vanity, tiled shower, heated tile floors, & ample storage space. The primary bedroom offers a custom walk-in closet system with crown moulding & drawers, another bedroom with a convenient laundry area, a 3rd bedroom, & there's an office/4th bedroom with patio door access. Downstairs you'll find a family room with a wood insert fireplace, modernized 3-piece bathroom, 2 storage rooms & a workshop area that can be customized to your needs. It also has an exterior walk-up stairwell to the yard offering in-law suite development potential. Other upgrades include gas boiler (2019), air cooling system (2015), 40-year shingles, & insulation. Half-acre properties in Old South are rare, so don't miss this exceptional opportunity!

This property offers an outstanding investment opportunity for developers, especially given its prime location next to new housing developments. The spacious lot is perfect for a new housing project, with nearby developments indicating likely increases in property values. The existing house, though needing updates, has a solid foundation and can be renovated or redeveloped to meet modern standards. The expansive covered patio and large backyard provide ample opportunities for enhancement, making the property even more attractive. Additionally, the garage includes a sizable workshop area, offering versatile space for various uses. This property combines great investment value with extensive development potential, making it ideal for creating a thriving residential community.

Development Opportunity! Large 75x200 Corner Lot nestled in south London. Zoned R4-6/R5-3 DC - Up to 10 residential Units, cluster/stacked townhouse dwellings. Entry permissible off Eaton Park, services at road. Survey included and preliminary drawings included. Amazing opportunity to build, rent and hold or sell in this desirable area. Walking distance to shopping, schools and parks. Ideal infill project. Existing house is in excellent condition and move in ready. Financing Available for potential buyers. Call today!

Calling all Developers and Investors! This infill project has gone through the soft and opportunity costs of Zoning By-Law Amendment and is now zoned R5. This new zoning preliminary allows for 2.5 storey stacked townhouse building, containing 12 dwelling units. The site is located on a desirable urban thoroughfare with an average daily traffic volume of 22,500 vehicles per day. The proposed 12 residential units represent intensification within the Primary Transit Area and the Built-Area Boundary. Take advantage of the work completed and add this Turn-Key project to your portfolio!