Live in one unit and rent the other two! Welcome to this stunning property nestled on a tranquil, tree-lined residential street, perfectly positioned between Danforth and Monarch Park. This impeccably crafted 3-unit home offers a gross rent of $7450/month, presenting a lucrative income stream for savvy investors or end-users who wish to live in one of the units and rent out the others. Fully renovated in 2017 with over $400K in renovations, each unit features separate entrances, ensuite laundry, and their own heating and cooling systems. With a projected CAP rate of 5.87% and positive cash flow, this property represents a rare find in Toronto's competitive real estate market. The main floor unit and basement unit are currently vacant, offering flexibility for new owners to either move in or rent out at market rates. The second-floor unit boasts vaulted ceilings in the bedroom and bathroom, adding a touch of grandeur, while both the second-floor and main floor units feature inviting decks, perfect for relaxing or entertaining. Whether you're seeking a turnkey investment property or a stunning residence with income potential, this opportunity offers the best of both worlds. **** EXTRAS **** Enjoy easy access to amenities & transportation options. The proximity to Coxwell Station makes commuting a breeze, with a mere 9-min walk. 1 designated parking spot at the rear of the property. (id:55532)
- Property Type Single Family Home
- Neighborhood Greenwood-Coxwell
- County N/A
- Property Tax N/A
- HOA/Condo/Coop Fees N/A
- Days on Site 16 Days
- MLS® Status Active
- MLS® ID Number E8300978
- SqFt Source N/A
- Year Built N/A
- Price Per SqFt N/A
- Lot Size N/A
- Full Baths 3
- Partial Baths N/A
| 3 days ago | Listing updated with changes from the MLS® | |
| a week ago | Price changed to $1,390,000 | |
| 2 weeks ago | Listing first seen online |
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General Features
- Building Features Separate Electricity MetersSeparate Heating Controls
- Parking Spaces 1
- Sewer Other
- Basement N/ AApartment in basementSeparate entrance
- Number of Stories 2
- Water Public
- Property Sub Type Single Family Residence
- Utilities Sewer AvailableCable Available
- Foundation Other
Interior Features
- Cooling Wall Unit
- Heating Heat PumpElectric
- Appliances Water HeaterDishwasherDryerMicrowaveRefrigeratorStorage ShedStoveTwo WashersTwo stovesWasherWindow Coverings
- Fireplace No
Community Features
- Community Features Community CentrePublic TransitSchoolsHospital
- Building Features Separate Electricity MetersSeparate Heating Controls
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Monthly Payment (Est.)
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