Property

Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:C1,147,000
($836,977.37)
(€728,199.00)
Annual Taxes:C7,398
505 Park Ave, New York, NY 10022

Description

Live for less than rent, in this modern custom home with a high-income suite or in-law setup already in place. This turn-key 3-bedroom, 3-bath home is situated in a quiet, family-friendly Port Hope neighbourhood and offers a fully self-contained 1-bedroom lower suite with $3,200/month in proven rental income, or use it as a private in-law suite for multi-generational living. The main floor features a bright, open layout, a quartz kitchen with a breakfast bar, hardwood floors, and a private primary suite with a walk-in closet and en-suite. Downstairs features a spacious recreation room and laundry facilities. The lower suite is finished to a high standard, complete with its own entrance, full kitchen, bath, and laundry. Outside, enjoy a large yard, pergola, hot tub, fire pit, and detached garage. Total income in 2024: $38,400 for the suite, with professional management available. Steps to Trinity College and minutes to Hwy 401. Smart, flexible living starts here.

Amenities

  • Deck
  • Primary Bedroom - Main Floor

Live for less than rent, in this modern custom home with a high income suite or in law setup already in place.


    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.