Property

Ownership: For Sale
Type: Unknown
Bedrooms: 4 BR
Bathrooms: 2
Pets: Pets No

Financials

Price:C699,000
($508,955.88)
(€448,284.99)
Annual Taxes:C4,892.28
505 Park Ave, New York, NY 10022

Description

Now available in the highly sought-after community of Heart Lake, this charming and exceptionally well-located home offers the perfect opportunity for both first-time buyers ready to step confidently into homeownership and investors looking to secure a reliable, income-generating property in a growing market. Thoughtfully designed for flexibility and long-term value, this residence features 3+1 spacious bedrooms, 2 full bathrooms, and two full kitchens - making it ideal for multigenerational living, rental income, or even future conversion into a duplex. The fully finished basement apartment includes a private side entrance, providing excellent potential for a legal secondary suite, in-law accommodation, or independent rental unit that could help offset your mortgage from day one. Set on an expansive 50x100 ft lot, the property offers plenty of outdoor space for entertaining, gardening, or future additions like an extended patio. The lot size alone presents unique potential in today's market, where yard space and privacy are becoming increasingly desirable. Whether you're planning to live in one unit and rent the other, house extended family, or simply invest in a property that grows with your goals, this home delivers a strong mix of comfort, convenience, and cash-flow opportunity. Located minutes from top-rated schools, transit, walking trails, parks, and all the amenities Heart Lake is known for,you'11 enjoy both a welcoming community and strong appreciation potential.

Amenities

  • Alarm system
  • Auto Garage Door Remote
  • Bar Fridge
  • Carbon Monoxide Detectors
  • In-Law Suite
  • Security System
  • Smoke Detector
  • Water Heater

Now available in the highly sought after community of Heart Lake, this charming and exceptionally well located home offers the perfect opportunity for both first time buyers ready to step ...


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.