Multi Generational Opportunity with LANEWAY Suite.


Property

Website:https://www.nestseekers.com/4182879
Address:
Toronto W02 M6P 3Z5
Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 10
Pets: No Pets Allowed

Financials

Price:C2,250,000
($1,614,800)
(€1,400,600)
Annual Taxes:C12,167

Description

Multi-Generational Opportunity with LANEWAY Suite. Main House Consists Of 4-Storeys Of Luxury Living Space. 3 Bedrooms 4 Bathrooms High Ceilings, Main Floor Family Room With Floor To Ceiling Windows & Gas Fireplace. Pot-lights, Hardwood Floors, Modern Floating Stairs, Glass Railings, Premium Finishes & Fixtures. Galley Kitchen With Stone Counters & S/S Appliances. Primary Bedroom On 3rd Floor With Private Terrace, World Class Ensuite & W/I Closets. Easily Could Be Rented For $4500/mth Plus Utilities. Above Grade Legal Unit With 2 Beds 1 Bath. Currently Tenanted With AAA Tenants Paying $2,800/mth + Hydro. Bsmt Unit Is 1 Bed 1 Bath And Newly Constructed With High Ceilings And Private Entrance $1,200/mth + Hydro. All Units Have Separate Hydro Metres & Laundry. Laneway Suite Is As Nice As it Gets, 2 Bed 3 Baths. Modern Polished Concrete Flooring On Main Level, Open Concept Kitchen, Secret Wine Cellar Underground, Access To Laneway & Private Patio. Upper Floor Primary Bedroom With Ensuite. Thoughtfully Designed And Tastefully Decorated For Any Use. Fantastic Location, Walk To UP Station, Local Cafes, Resto's, Grocery Stores, Parks, Bike Trail And Subway. Current Owner Runs STR But Long Term Rental Suggest $3500/Mth Plus Hydro Could Be Obtained. Potential $12k Per Month Gross Income! Owner Occupied Main House, Laneway STR, No Financials Or Floorplans Available. Annual Expenses: Insurance $3600, Hydro $3100, Heat $2700

Amenities

  • Accessory Apartment
  • Carpet Free
  • Central Vacuum
  • ERV/HRV
  • In-Law Suite
  • Landscaped
  • Natural Gas
  • On Demand Water Heater
  • Porch
  • Privacy
  • Separate Hydro Meter

Contact

505 Park Ave, New York, NY 10022