Toronto W02 M6P 2Y8
Canada

Property

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

Financials

Price:C1,565,000
($1,117,629)
(€961,418)
Annual Taxes:C8,310.04
505 Park Ave, New York, NY 10022

Fabulous Purpose Built Modernist Montreal Style European Style Brick Triplex in The Junction 2, 900 sq ft of Turnkey Living on a Coveted Tree Lined Street.

Description

Fabulous Purpose-Built Modernist Montreal-Style / European-Style Brick Triplex in The Junction - 2,900 sq ft of Turnkey Living on a Coveted Tree-Lined Street. LOCATION, LOCATION, LOCATION! This property provides exceptional rental income with many possibilities: live in the spacious main floor suite while generating revenue from the 2 additional units, explore multi-family living, or maintain it as a lucrative investment. Both the upper & main floor suites are bright, expansive, and 969 sq ft, each featuring 2 bedrooms, updated 4-pc bathrooms, generous living rooms, & eat-in kitchens with quartz counters & subway tile backsplashes. The main floor unit is vacant, offering an excellent opportunity for personal occupancy or a new tenant at market rates. The lower level, also 969 sqft & fully renovated in 2013, boasts 8-ft ceilings, large above-grade windows, an open-concept living/dining/kitchen area, 1 bedroom, & a 3-pc bathroom. Current rents are $2,359/month for the upper unit & $2,315/month for the lower, with a projected $2,700/month for the main floor, offering strong income potential. All units are separately metered with an interconnected fire alarm system, fire-rated doors, & a solid block party wall for sound privacy. The exterior features a private, wide 4-car driveway & a solid block/brick 2-car garage, ideal for a garden suite. The entertainer's backyard has a custom elevated deck shaded by a Maple Blaze tree. Both front & back yards are professionally landscaped with low-maintenance trees/bushes, custom garden planters, & lockable bike storage for 6 bikes. This prime location is walking distance to high-ranking schools like Humberside CI, High Park, High Park Zoo, Bloor West Village, and The Junction's trendy cafes, restaurants, & shops. Major attractions & public transit are five minutes away. Recent updates include shingles (2018), soffits, gutters, & leaf protectors (2019), & all windows (2013). This is a rare find! VTB possible; terms apply.

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.