Property

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

Financials

Price:C1,250,000
($907,275)
(€800,016.75)
Annual Taxes:C6,400
505 Park Ave, New York, NY 10022

Description

VTB opportunity available! Turnkey investment or house hacking opportunity! This 3-unit property includes a legal duplex and a detached garden suite, generating over $7,000/month in rental income. Fully renovated in 2023 with quality craftsmanship, each unit offers its own driveway parking, in-unit laundry, privately fenced backyard, tankless water heater and separate water meter. The spacious main unit spans three levels, featuring 4 bedrooms, 2.5 bathrooms, and a primary suite with a walk-in closet, ensuite with a soaker tub and double sinks, and a large private balcony. The basement studio is bright and inviting, with oversized windows and an electric fireplace. Completing the property, the garden suite offers 2 bedrooms and 1.5 bathrooms, making this an exceptional income-generating opportunity! Located on the Hamilton Mountain is a family-friendly neighbourhood, just a walks away from amenities, parks and schools.

Amenities

  • Electric
  • In-Law Suite
  • On Demand Water Heater
  • Separate Hydro Meter
  • Water Heater
  • Water Heater Owned

VTB opportunity available !


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.