Toronto W02 M6H 2H3
Canada

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 3

Financials

Price:C1,180,000
($852,100)
(€729,800)
Annual Taxes:C4,624
505 Park Ave, New York, NY 10022

This fully renovated semi offers layered income potential in a transit connected location investors actively pursue.

Description

This fully renovated semi offers layered income potential in a transit-connected location investors actively pursue. The thoughtfully designed 3-bedroom main and upper level features a modern kitchen with quartz counters and clean contemporary finishes, while the self-contained lower-level suite includes a separate entrance, full kitchen, and bath - ideal for dual rental streams or owner-occupancy with income support. The layout is configured for maximum flexibility, allowing you to lease both units for optimized cash flow, live in one while offsetting your mortgage, or hold as a scalable long-term portfolio addition. Laneway housing potential introduces a compelling value-add component - an opportunity to increase density and future returns in a city actively embracing gentle intensification. Strong rental demand supported by proximity to TTC, major routes, and everyday amenities drives stable occupancy and long-term appreciation. With performance metrics competitive within the area, this asset positions strategically from both a cap-rate and equity-growth perspectives. Location. Income. Expansion potential. An intelligent acquisition in today's Toronto market - appealing to first-time buyers, seasoned investors, and forward-thinking developers alike.

Amenities

  • Other

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.