Toronto W04 M6M 2N8

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:C699,000
($503,944)
(€432,629)
Annual Taxes:C4,070
505 Park Ave, New York, NY 10022

Description

Renovated gem in a very quiet, family-friendly neighbourhood! This spacious home offers over 1300 sq ft above grade, a rare double car garage, and soaring basement ceilings (underpinned and renovated basement unit, the seller spent over $100K). The home is smartly divided into 3 self-contained units, each with its own private entrance and kitchen! It can generate strong rental income. With a projected rental income of $5,700, with 20% down and positive cashflow from day one! If you rent 2 units and live on the main floor, your monthly mortgage could be lower than your current rent! Main floor has 2-bedroom unit, Lower Main floor has almost identical another 2-bedroom unit, Basement has Additional 1-bedroom unit (High ceiling). Steps from the new LRT, with quick access to highways and downtown, this is a rare opportunity for space, flexibility, and major income potential in a fast-growing Toronto pocket. Don't miss out on this one!

Amenities

  • Carpet Free
  • In-Law Suite
  • Primary Bedroom - Main Floor
  • Storage
  • Sump Pump

Renovated gem in a very quiet, family friendly neighbourhood !


    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.