Toronto E03 M4C 4E1

Property

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

Financials

Price:C1,349,000
($977,054)
(€831,578)
Annual Taxes:C4,380
505 Park Ave, New York, NY 10022

Description

Attention savvy investors, house-hackers, or multi-unit buyers ready to grow their real estate portfolio! This solid-brick detached gem in East York is packed with opportunity whether you're living in one unit and renting out the others, or fully leasing it out for maximum cash flow. With multiple self-contained units already in place, this property is tailor-made for generating income while maintaining flexibility. The layouts are practical, the space is real, and the upside? Huge. Picture a large basement as your blank canvas, with functional ceiling height and 2 bathroom rough-ins to allow for more creative living options. Use the oversized garage as a potential workshop, studio, gym or better yet, rent it out for extra monthly revenue. And if you're dreaming even bigger? There's potential to build a 2-storey garden suite (see attached analysis) unlocking even more value and transforming your lot into a full urban income compound. The newly interlocked driveway offers smooth access to your generous parking options, and the location is ideal: steps to parks, schools, Taylor Creek trails, the DVP, TTC, and all the amenities of East York and the Danforth. Whether you're an investor looking for cash flow, a homeowner wanting rental income to offset your mortgage, or someone planning a multi-generational living setup, this is a smart, versatile property with serious potential.

Amenities

  • Rough-In Bath
  • Separate Hydro Meter
  • Water Heater Owned

Attention savvy investors, house hackers, or multi unit buyers ready to grow their real estate portfolio !


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.