Welcome to 546 Park Road South. Two whole lots (80' x 115' total - two 40' x 115' parcels) with a legal registered triplex straddling both, in a quiet residential pocket north of the 401. The City's original 1960s subdivision plan confirms two whole lots - no minor variance needed for severance. The existing triplex offers three self-contained 2-bedroom units, 3 baths, ~1, 750 sq ft above grade, private yard per unit, four separate hydro meters (one per unit + shared coin laundry), a furnace just over 2 years old, and 6+ parking. Renovate and restore for strong rental income, OR demolish and build two side-by-side single-family dwellings with two accessory apartments - two distinct, high-income-generating triplexes on one parcel. R2 zoning with grandfathered triplex status preserves density for new builds. Vacant possession guaranteed.