Toronto E02 M4C 1P3
Canada

Property

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

Financials

Price:C998,900
($725,601)
(€618,096)
Annual Taxes:C4,554.68
505 Park Ave, New York, NY 10022

Discover an exceptional opportunity in the East Danforth !

Description

Discover an exceptional opportunity in the East Danforth! This semi-detached legal duplex with 3 self-contained units offers approx. 2,100 sq. ft. of total living space and long-term tenants who would love to stay. Perfect for investors seeking a relatively turnkey opportunity or end-users ready to channel their inner Van Gogh and transform this home into a masterpiece. The main floor features a spacious living area, split-bedroom layout for privacy, a functional kitchen, and a walk-out to the yard. The upper unit offers a generous kitchen, bedroom, bath, and a bright living room overlooking the street. The basement includes a separate entrance, walk-up to the yard, and its own self-contained living space. Shared coin-operated laundry is in the basement. A detached rear garage is currently used for storage. Gross income: Main floor pays $1,463, upper $1,728, and basement $1,480, totaling $4,761/month, plus coin laundry. All tenants are month-to-month, giving future owners an ideal blend of stability and flexibility. Hot water tank is a rental. Perfectly positioned in the heart of East Danforth - a quick walk to Main Street Subway and Danforth GO, and minutes to The Beaches, parks, top schools, Riverdale, and the lively shops, cafés, and restaurants along the Danforth. A solid home with tremendous potential. Minimum 24 hours' notice for showings.

Amenities

  • City
  • Other
  • Smoke Detector

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.