Property

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

Financials

Price:C1,949,000
($1,418,306.79)
(€1,228,279.65)
Annual Taxes:C8,268.74
505 Park Ave, New York, NY 10022

Description

Exceptional Investment Opportunity in Highly Sought-After Trinity Bellwoods! This tastefully renovated 2.5-storey legal duplex presents an incredible opportunity in one of Toronto's most desirable neighborhoods. Extensively renovated in 2015/2016, the home was gutted to the studs and rebuilt into two impressive rental units, with the potential for a third unit in the basement. The Upper Unit (2nd & 3rd Floors): A spacious 3-bedroom, 2-bathroom suite featuring a modern eat-in kitchen and 2 private balconies. The Main Floor Unit offers An inviting open-concept kitchen and living area, and eat-in kitchen, and direct backyard access, Basement Potential: A shared laundry room with coin-operated machines is already in place, and the basement is roughed-in for a kitchen and bathroom, awaiting your finishing touches to create a potential third rental unit. Garage & Laneway Access. A well-sized garage at the rear of the property offers valuable laneway access and potential for additional income or personal use. 3 separate meters and 3 owned Furnace-A/C units is also an added feature for the property. Main floor & upper unit currently tenanted with amazing tenants (AAA+) who must be assumed. Do not miss out on this amazing property!

Amenities

  • Separate Hydro Meter
  • Water Heater Owned

Exceptional Investment Opportunity in Highly Sought After Trinity Bellwoods !


    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.