Property

Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 2
Pets: Pets No

Financials

Price:C488,000
($350,891.52)
(€311,762.24)
Annual Taxes:C1,494
505 Park Ave, New York, NY 10022

Description

Discover the perfect blend of functionality and potential with this spacious 6-bedroom, 2-bathroom home, ideal for investors or multi-generational living currently set up as 2 separate units. The main floor boasts 4 generous bedrooms, including 2 with walk-in closets, huge master bedroom soaring 9-ft ceilings and stunning original molding. A refreshed kitchen and bathroom, along with new flooring and paint throughout, make this level move-in ready and inviting. The second floor offers 2 additional bedrooms, a cozy den, a second kitchen, and a full bathroom. Currently rented for $1,760/month to Fanshawe students on roommate basis, this setup is perfect for generating income while living comfortably on the main floor. Step outside to enjoy the new fully fenced backyard, offering privacy and a safe space for kids or pets to play. The spacious deck is perfect for barbecues and entertaining, making it the ideal outdoor retreat. Additional highlights include a new Lennox furnace and AC (2022), separate hydro and water meters, and multiple entrances. These features, combined with the flexible layout, create an excellent opportunity for conversion to a duplex or triplex, maximizing the property's earning potential. Whether you're looking for a home that pays for itself or a versatile investment property, this one checks all the boxes. Don't miss out - schedule your showing today!

Amenities

  • Deck

Discover the perfect blend of functionality and potential with this spacious 6 bedroom, 2 bathroom home, ideal for investors or multi generational living currently set up as 2 separate units.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.