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$2,696,000
Status: For Sale
Great opportunity to live and rent or just as a total investment property. Top floor is a 3-bedroom unit. Second floor is a 3-bedroom unit with possible alterations. Main floor is a 2-bedroom unit. And the lower unit is a 1-bedroom unit with possibilities to change to a 2-bedroom unit. Total renovation completed in 2023. Close to 4,500 sq ft of living space. Modern decor and clean lines. 9-foot ceilings in basement, main, second, and 8-foot ceilings on the third floor. Lots of storage space. Good Cap rates for a Toronto investment property and the possibility to increase with minimal alterations to close to 5.0%. Current gross rents are $132K (including utilities) with the possibility of increasing to $150K plus utilities. See floor plans for configuration and measurements. 4 car lane parking. Shed for storage in the back. Qualified to add a laneway suite in the back to live/rent/sell. Great neighbourhood with a very good Walk Score.
| Property Type | :Residential |
|---|---|
| MLS Number | :E11823358 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :17 Dec, 2024 (22 Hours ago) |
| Source | :TRREB |
| Area | :Toronto |
|---|---|
| Community | : South Riverdale |
| Postal Code | :
M4M 3C8
|
| Price | : $2,696,000 |
|---|---|
| Property Taxes | :$9241.53 |
| Tax Year | :2024 |
|---|
| Bedrooms | :9 + 1 |
|---|---|
| No. of Rooms | :16 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :S of Gerrard, N of Dundas |
| Bathrooms | :7 |
|---|---|
| Fuel | :Gas |
| Elevator | :No |
| Approx Square Footage | :3500-5000 sqft |
| Fireplace/Stove | :Yes |
| Exterior Finish | :Brick, Wood |
|---|---|
| Parking Space | :4 |
| Basement | :Finished |
| Garage | :None |
|---|---|
| Park | :Park |
| Library | :Library |
02 Dec, 2024
TREB #E11823358
Listed
$2696000.0
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